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According to the textbook's chapter: We can think of a banks liabilities as the sources of its funds, and we can think of a banks
According to the textbook's chapter: We can think of a banks liabilities as the sources of its funds, and we can think of a banks assets as the uses of its funds. Explain what this statement means. Why might the managers of a bank want the bank to be highly leveraged? Why might the banks shareholders want the bank to be less highly leveraged? (450 words)
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