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Below are the assets (in billions of $) and applicable risk weights (%) for First Regional Bank. Compute the total risk-weighted assets of First Regional
Below are the assets (in billions of $) and applicable risk weights (%) for First Regional Bank. Compute the total risk-weighted assets of First Regional Bank.
Write your answer expressed as a dollar number, and round to two decimals. For instance, if you think the sum of risk-weighted assets is $ 20.7563, then you write 20.76 below.
Asset item | $ | Risk weight (%) |
Cash | 2 | 0 |
Short-term Government bonds | 14 | 10 |
Long-term Government bonds | 32 | 30 |
Loans | 55 | 90 |
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