A bank has estimated its net income for 2020 is $2,000,000. It has also estimated the following ratios of its capital:
CET1 = 7%
Tier 1= 7.50%
Tier 1+2= 9%
Under Basel 2, what is the maximum, it can pay out in dividends?
a |
$0.00
|
|
b |
$400,000.00
|
|
c |
$800,000.00 |
|
d |
$1,200,000.00
|
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