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independent across all the loans. Bank B has only one loan of $80 million outstanding, which it also expects will be repaid today. It also

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independent across all the loans. Bank B has only one loan of $80 million outstanding, which it also expects will be repaid today. It also has a 7% probability of not being repaid. Calculate the following: a. The expected overall payoff of each bank. b. The standard deviation of the overall payoff of each bank. a. The expected overall payoff of each bank. The expected overall payoff of Bank A is $ million. (Round to the nearest integer.)

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