Multiple Choice
Assume that a bank's market value of assets is $200, the market value of its contingent assets is $50, the market value of its liabilities is $180 and the market value of its contingent liabilities is $60.What is the value of this bank's net worth?
A) $200 + $180 - $50 - $60 = $270
B) $180 - $200 + $50 + $60 = $90
C) $200 - $180 + $50 - $60 = $10
D) $200 - $180 - $50 + $60 = $30
Correct Answer:
Verified
Correct Answer:
Verified
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