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Assume You Are Presented with the Following Data Regarding an FI's

Question 58

Multiple Choice

Assume you are presented with the following data regarding an FI's asset and liability values:  Bookvalue of assets $50000 Bookvalue of liabilities $42000 Market value of assets $48000 Market value of liabilities $45000\begin{array} { | l | l | } \hline \text { Bookvalue of assets } & \$ 50000 \\\hline \text { Bookvalue of liabilities } & \$ 42000 \\\hline \text { Market value of assets } & \$ 48000 \\\hline \text { Market value of liabilities } & \$ 45000 \\\hline\end{array} 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.

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