Question

A bank has on-balance-sheet assets with a book value of $940 million and a market value of $985 million and on-balance-sheet liabilities with a book value of $900 million and a market value of $930 million. The bank also has off-balance-sheet assets currently valued at $150 million and off-balance-sheet liabilities worth $160 million. Stockholder's net worth should be valued at _________________ million.
A. $30
B. $40
C. $45
D. $50
E. $55

Answer

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