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  3. a bank has risk-weighted assets or $429 million an

A bank has risk-weighted assets or $429 million and the following sources of regulatory capital...

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Accounting

A bank has risk-weighted assets or $429 million and the following sources of regulatory capital (in $ millions): Allowance for Loan Losses $2.78 Common Stock (Par) $1.06 Intermediate-Term Preferred Stock $4.81 Perpetual Preferred Stock $3.79 Subordinated Debt $4.6 Surplus $8.56 Undivided Profit $19.63 What is the bank's ratio of Tier 2 capital to risk-weighted assets? Blank 1. Calculate the answer by read surrounding text. Express in %, to the nearest 0.01%; drop the % symbol

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