Stealth bank holds deposits of $600 million. It holds reserves of $30 million and government bonds worth $80 million. The current market value of the bank’s loans is $400 million. What is the value of the bank’s total liabilities?
A. $600 million
B. $110 million
C. $200 million
D. $90 million
Answer:A
Stealth bank holds deposits of $600 million. It holds reserves of $30 million and government bonds worth $80 million. The current market value of the bank’s loans is $400 million. What is the value of the bank’s total liabilities?
A. $600 million B. $110 million C. $200 million D. $90 million
Explanation: Type: Multiple Choice