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Bank of America Corporation Scenario: Consider Bank of America Corporation investing $2.9 billion in fintech startups, issuing new shares worth $3.8 billion to fund its
ยทBank of America Corporation Scenario: Consider Bank of America Corporation investing $2.9 billion in fintech startups, issuing new shares worth $3.8 billion to fund its digital banking initiatives, and paying off a long-term loan of $1.6 billion. Calculate the new total assets, liabilities, and owner's equity after these transactions for Bank of America Corporation.
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