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Business, 06.10.2021 22:40 misa11234

Assume that required reserves are 8%. In order to avoid insolvency, regulators decide to provide the bank with $29 million in bank capital. Assume that bad news about mortgages is featured in the local newspaper, causing a bank run. As a result, $25 million in deposits is withdrawn. Show the effects of the capital injection and bank run on the balance sheet. (Round your responses to the nearest whole number.)

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