Multiple Choice
Assume you are presented with the following data regarding an FI's asset and liability values: Book value of assets
$50 000
Book value of liabilities
$42 000
Market value of assets
$48 000
Market value of liabilities
$45 000
Which of the following statements is true?
A) The net worth of the FI is $2000.
B) The net worth of the FI is -$3000.
C) The net worth of the FI is $3000.
D) The net worth of the FI is -$1000.
Correct Answer:

Verified
Correct Answer:
Verified
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