Battleacts2
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That explains well. Thank you so much.
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"First recall that there are 2 levels of regulatory capital: minimum, which is 100% x (base capital) and supervisory, which is 150% x (base capital)." There is no definition on "base capital" in the paper. Is base capital just the minimum capital…
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It is very helpful. Thank you for explanation.
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Thank you for the explanation.