Business

Davion Huber

27 June, 12:53

Question 29

0.44 pts

Zitibank has deposits of $600 million. It holds reserves of $50 million and has

purchased government bonds worth $200 million. The bank's loans, if sold at current

market value, would be worth $800 million. What does Zitibank's net worth equal?

$240 million

O $450 million

O

$980 billion

O $200 million

+4

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