Assume that Firstbank has the following simplified balance sheet: Assume that the reserve ratio (r) = 0.2. What is the a

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Assume that Firstbank has the following simplified balance sheet: Assume that the reserve ratio (r) = 0.2. What is the a

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Assume that Firstbank has the following simplified balancesheet:
Assume that the reserve ratio (r) = 0.2.
What is the amount of bank capital held by TestBank?
Question 34 options:
$20,000
$16,000
$4,000
$6,000
$10,000
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