Question: A banks prot next year will be normally distributed with a mean of 0.6% of assets and a standard deviation of 1.5% of assets. The

A banks prot next year will be normally distributed with a mean of 0.6% of assets and a standard deviation of 1.5% of assets. The banks equity is 4% of assets. What is the probability that the bank will have a positive equity at the end of the year? Ignore taxes.

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