Which of the following is correct? Can you please explain why this is (and why the other options are incorrect).

Which of the following statements is correct? Select one: - a. The net worth of a bank belongs to its employees. - b' A loan is secured if it is default-free. c. The more a bank holds in cash and reserves, the higher its prots. ' d. A bank is insolvent if the value of its liabilities exceeds the value of its assets