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A bank has $4 million in reserves, $9 million in government bonds and $9.6 million in low risk mortgage loans. Out of the $20 million
A bank has $4 million in reserves, $9 million in government bonds and $9.6 million in low risk mortgage loans. Out of the $20 million in customers' deposits, K holds $13.1 million in the form of certificates of deposit.
How to find net worth?
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