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    Exam 21: Product and Geographic Expansion
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    The Following Three FIs Dominate a Local Market and Their
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The Following Three FIs Dominate a Local Market and Their

Question 41

Question 41

Multiple Choice

The following three FIs dominate a local market and their total assets are given below. The following three FIs dominate a local market and their total assets are given below.   If Bank A acquires Bank B, what is the new Herfindahl Index? A) 60. B) 100. C) 5,800. D) 5,050. E) 6,525. If Bank A acquires Bank B, what is the new Herfindahl Index?


A) 60.
B) 100.
C) 5,800.
D) 5,050.
E) 6,525.

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