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The following is a simplified balance sheet for Jupiter Bank (Jupiter). Show all work for potential partial credit. In March 2020, the Federal Reserve eliminated
- The following is a simplified balance sheet for Jupiter Bank (Jupiter). Show all work for potential partial credit. In March 2020, the Federal Reserve eliminated the reserve requirement for banks in the U.S., so banks are not required to hold any reserves. Now, we will also assume a bank must meet a capital requirement of 5%, where capital is measured against only loan value. If you see a "?" below, that means there should be a value there, but you must calculate it.
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