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Business, 13.03.2020 05:04 Gheaton6274

A bank has total assets of $620 million and $68.2 million in equity. The managers of the bank realize that $18.6 million of its $372 million loan portfolio will not be repaid. After the bank charges off these unexpected bad loans the bank's equity to asset ratio will be .

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A bank has total assets of $620 million and $68.2 million in equity. The managers of the bank realiz...
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