Stealth bank holds deposits of $200 million. It holds reserves of $15 million. It has purchased government bonds worth $75 million. The current value of its loans, if sold at market value, is $130 million. What is the value of the Stealth bank’s liabilities?
A. $20 million
B. $200 million
C. $5 million
D. $330 million
Answer:B
Stealth bank holds deposits of $200 million. It holds reserves of $15 million. It has purchased government bonds worth $75 million. The current value of its loans, if sold at market value, is $130 million. What is the value of the Stealth bank’s liabilities?
A. $20 million B. $200 million C. $5 million D. $330 million
Explanation: Type: Multiple Choice