Hamilton Mutual Bank holds deposits of $500 million. It holds reserves of $30 million.
It has purchased government bonds worth $75 million. The current value of its loans, if
sold at market value, is $400 million. What is the value of the Hamilton Mutual Bank's
liabilities?
O
$105 million
$500 million
O $475 million
O $430 million
+2
Answers (1)
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Hamilton Mutual Bank holds deposits of $500 million. It holds reserves of $30 million. It has purchased government bonds worth $75 million. ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Home » Business » Hamilton Mutual Bank holds deposits of $500 million. It holds reserves of $30 million. It has purchased government bonds worth $75 million. The current value of its loans, if sold at market value, is $400 million.