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 the stockholders' claim of $10 million will be realized in the FDIC payoff?
a. 0%
b. 10%
c. 50%
d. 100%

Answer

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