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Question
The FDIC pays off on a failed bank. Assets are worth $100 million. Insured deposits total $60 million. Uninsured deposits and other unsecured liabilities total $80 million. What proportion of uninsured deposits will be recovered by depositors?a. 60%
b. 50%
c. 40%
d. 100%
Answer
This answer is hidden. It contains 3 characters.
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