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A bank has $4 million in liquid assets and $96 million in nonliquid assets. Large depositors unexpectedly withdraw $9 million in deposits. To cover the

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A bank has $4 million in liquid assets and $96 million in nonliquid assets. Large depositors unexpectedly withdraw $9 million in deposits. To cover the withdrawals the bank sells all of its liquid assets at book value but must sell $7 million at less than their book value of their nonliquid assets to raise the additional funds needs. As a result the bank's equity will fall $2 million b fall 83 million C. remain unchanged d. rise $7 million fall $5 million

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