Question 25 (1 point) Stealth bank has deposits of $350 million. It holds reserves of $30 million and government bonds worth $70 million. If the
Question 25 (1 point)
Stealth bank has deposits of $350 million. It holds reserves of $30 million and government bonds worth $70 million. If the bank sells its loans at market value of $400 million, what will its total assets equal?
Question 25 options:
a)
$750 million
b)
$500 million
c)
$380 million
d)
$450 million
Question 24 (1 point)
Stealth bank has deposits of $600 million. It holds reserves of $30 million and government bonds worth $80 million. If the bank sells its loans at market value of $400 million, what will its total assets equal?
Question 24 options:
a)
$510 million
b)
$480 million
c)
$710 million
d)
$110 million
Question 23 (1 point)
Stealth bank has deposits of $300 million. It holds reserves of $20 million and has purchased government bonds worth $300 million. The bank's loans, if sold at current market value, would be worth $600 million. What does Stealth bank's net worth equal?
Question 23 options:
a)
$920 million
b)
$620 million
c)
$20 million
d)
$1.22 billion
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