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28 December, 09:13

Stealth bank has deposits of $600 million. It holds reserves of $30 million and government bonds worth $80 million. If the bank sells its loans at market value of $400 million, what will its total assets equal?

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  1. 28 December, 13:05
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    its total assets equal to $510 million,

    Explanation:

    Total assets = Loans + Bonds + Reserves

    = $400 million + $80 million + $30 million

    = $510 million

    Therefore, its total assets equal to $510 million,
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