Jul. 2 at 8:39 PM
$TFC Yup...assuming my math is correct...
Bottom line:
1. 11% / old capital requirement 47.8(
$B) = 7% / new capital requirement (
$B)
2. Set up proportion, then cross multiply and divide
3. new capital requirement (
$B) = 30.4
$B
4. "Extra Gravy" = 47.8
$B - 30.4
$B =
$17.4
$B
Someone can check my math