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bank has $ 2 0 0 in assets and has a target TA / NW ratio of 2 0 . During a business cycle boom

bank has $200 in assets and has a target
TA/NW ratio of 20. During a business cycle
boom its assets are revalued upwards by $1. It
will thus ______ more to _______ assets
a. borrow, buy 19 new
b. borrow, buy 20 new
c. sell, remove 19 old
d. sell, remove 20 old

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