Question: If a borrower defaults on a loan (amount = 5), and the bank takes over the collateral (with a value of 3), what will

If a borrower defaults on a loan (amount = 5), and the bank takes over the collateral (with a value of 3), what will the bank's new net worth be? Assets Reserves 20 Loans 65 Property 5 Securities 15 Liabilities Deposits = 100 Net worth 5

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