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Question
An FI has assets of $800 million and liabilities of $740 million.
If the FI had contingent assets of $40 million and contingent liabilities of $160 million, calculate the stockholder's true net worth (ignore the option mentioned in previous question).
A. -$60 million.
B. $60 million.
C. $70 million.
D. -$160 million.
E. $190 million.
Answer
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