Business, 14.07.2020 23:01, Jasten

Stealth bank has deposits of $700 million. It holds reserves of $20 million and has purchased government bonds worth $350 million. The bank's loans, if sold at current market value, would be worth $600 million. What does Stealth bank’s net worth equal?

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Stealth bank has deposits of $700 million. It holds reserves of $20 million and has purchased govern...