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A commercial bank has $110 in reserves, $880 in loans, $890 in checkable deposits and $100 in capital. If the bank suffers a write down

A commercial bank has $110 in reserves, $880 in loans, $890 in checkable deposits and $100 in capital. If the bank suffers a write down in loan asset value of $15, what is the new capital to total asset ratio (capital/assets)?

Group of answer choices

11.5%

8.7%

7.8%

5.4%

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