Prior to the Basle Agreement, primary capital included all of the following except:
A)long-term subordinated debt.
B)common stock.
C)undivided profits.
D)perpetual preferred stock.
E)the allowance for loan losses.

Name: Prior to the Basle Agreement, primary capital included all of the following except: A)long-term subordinated debt. B)common stock. C)undivided profits. D)perpetual preferred stock. E)the allowance for loan losses.
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Question

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The Answer is A

Prior to the Basle Agreement, Primary Capital Included All of the Following