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Use the Information Below to Answer the Following Questions

question 128

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Use the information below to answer the following questions.
Fact 8.4.2
The Bank of Hobbiton has chosen the following initial balance sheet:
Use the information below to answer the following questions. Fact 8.4.2 The Bank of Hobbiton has chosen the following initial balance sheet:    -Refer to Fact 8.4.2.Based on the Bank of Hobbiton's initial balance sheet, what is its desired reserve ratio? A) 10 percent B) 5 percent C) 100 percent D) 20 percent E) cannot be calculated with the available information
-Refer to Fact 8.4.2.Based on the Bank of Hobbiton's initial balance sheet, what is its desired reserve ratio?


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