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The Following Three FIs Dominate a Local Market and Their

Question 62

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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 C splits into two separate institutions at ½ its original size each, what is the new Herfindahl (HHI) Index? A) 60. B) 340. C) 2,538. D) 2,847. E) 10,000. If Bank C splits into two separate institutions at ½ its original size each, what is the new Herfindahl (HHI) Index?


A) 60.
B) 340.
C) 2,538.
D) 2,847.
E) 10,000.

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