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Question 8 (5 points) With book value accounting, banks have an incentive to fully reflect problems in the loan portfolio as they become known. must
Question 8 (5 points) With book value accounting, banks have an incentive to fully reflect problems in the loan portfolio as they become known. must write down the value of their assets to fully reflect market values. O must conform to regulatory write-down schedules. have a great deal of discretion in the timing of write downs on problem loans
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