A bank's assets are $500 million and its liabilities are $380 million,which means that the bank's net worth (bank capital) is ____________________. If the bank's assets then rise by 6 percent at the same time that its liabilities rise by 5 percent,the percentage change in the bank's net worth will be approximately _______________ percent.
A) $440 million; 10.2%
B) $120 million; 1.0%
C) $100 million; 11.0%
D) $120 million; 9.2
Correct Answer:
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