4. CAMELS ratings 1. 2. 3. STEP: 3 of 3 Using the following table, calculate...
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4. CAMELS ratings 1. 2. 3. STEP: 3 of 3 Using the following table, calculate each bank's CAMELS composite rating, and answer the questions that follow. (Hint: Round the ratings to two decimal places.) Capital Adequacy Asset Quality CAMELS Composite Rating 4 3 Bank Michel Financial Bank Wilson Financial Bank Gurley Financial Bank Rogers Financial Bank 4 Management Earnings Liquidity Sensitivity 3 2 4 4 2 1 2 3 1 N 5 5 4 4 4 4 2 1 2 2 2 5 5 Which of the banks has the worst CAMELS composite rating? Wilson Financial Bank Gurley Financial Bank Rogers Financial Bank Michel Financial Bank Based on Gurley Financial Bank's CAMELS composite rating, what regulatory action should be taken against them? The bank has extremely serious issues and regulatory action needs to be taken immediately. No regulatory action should be taken against the bank. The bank has serious issues and regulatory action needs to be taken at some point in the future. The bank will receive extra attention from regulators, but no immediate action will be taken
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