Tag: local banks

Calculate the following: a. The expected overall payoff of each bank. b. The standard deviation of the overall payoff of each bank. a. The expected overall payoff of each bank. The expected overall payoff of Bank A is $ 74 million. (Round to the nearest integer.) The expected overall payoff of Bank B is $ 74.1 million. (Round to the nearest integer.)

Finance by Geoffrey0 comments

Consider two local banks. Bank A has 78 loans outstanding, each for $1.0 million, that it expects will be repaid […]