Business

30 August, 13:42

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

+3

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