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JP Morgan Chase & Co. Scenario: Consider JP Morgan Chase & Co. investing $2.3 billion in fintech innovation, issuing new shares worth $3 billion to
ยทJP Morgan Chase & Co. Scenario: Consider JP Morgan Chase & Co. investing $2.3 billion in fintech innovation, issuing new shares worth $3 billion to fund its digital banking initiatives, and paying off a long-term loan of $1.5 billion. Calculate the new total assets, liabilities, and owner's equity after these transactions for JP Morgan Chase & Co.
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