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Draw the risky-debt profile for $400,000 in a two-individual joint-depositor account in an FDIC-insured bank as a function of the asset level of the bank
Draw the risky-debt profile for $400,000 in a two-individual joint-depositor account in an FDIC-insured bank as a function of the asset level of the bank together with the profile of the deposit insurance. Repeat the profiles aforementioned for a single-depositor account. Discuss briefly the difference between these two profiles (joint versus single depositor).
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