-- of 1 point Question 3 3 tries left Consider a bank with the following balance sheet: Assets Required reserves Excess reserves Liabilities $ 8 million Checkable deposits $ 3 million Bank capital $110 million $ 8 million T-bills $45 million Commercial loans $62 million The bank makes a loan commitment for $10 million to a commercial customer. Before the commitment, the bank's capital ratio equals Type%. (Round your response to two decimal places.) Submit

3 tries left Consider a bank with the following balance sheet: The bank makes a loan commitment for $10 million to a commercial customer. Before the commitment, the bank's capital ratio equals \%. (Round your response to two decimal places.)