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Financial Markets, A bank has Tier 1 capital of $82.4 million and Tier 2 capital of $74.12 million. The bank has total assets of $2,471.57
Financial Markets,
A bank has Tier 1 capital of $82.4 million and Tier 2 capital of $74.12 million. The bank has total assets of $2,471.57 million and risk-weighted assets of $2,078.16 million. What is this bank's total risk-based capital ratio? Answer Format: keep four decimal places. Use decimals, not percents. For example, if your answer is 12.34%, write 0.1234 in the boxStep by Step Solution
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