Question
ADI management decide that losses to any one sector should not be more than 4 percent of equity. If the average historical losses in the
ADI management decide that losses to any one sector should not be more than 4 percent of equity. If the average historical losses in the automobile sector total 20 percent, what is the maximum the ADI can lend to this sector as a percentage of total equity?
a. 500% b. 24% c. 20% d. 0.8%
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The Oxford Handbook Of Computational Economics And Finance
Authors: Shu-Heng Chen, Mak Kaboudan, Ye-Rong Du
1st Edition
0199844372, 978-0199844371
