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Capital is important to a bank because: a.it absorbs asset losses preventing bankruptcy. b.it helps maintain public confidence in the soundness and safety of individual
Capital is important to a bank because:
a.it absorbs asset losses preventing bankruptcy.
b.it helps maintain public confidence in the soundness and safety of individual banks and the banking system.
c.it provides funds that do not need to be paid back.
d.all of the above.
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