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A bank’s estimate of next year profit (as a percentage of assets) is a normal distribution with mean and standard deviation of 1% and 2%, respectively. How much equity (as a percentage of assets) does the company need to be


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A bank’s estimate of next year profit (as a percentage of assets) is a normal distribution with mean and standard deviation of 1% and 2%, respectively. How much equity (as a percentage of assets) does the company need to be (a) 95% sure that it will have a positive equity at the end of the

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