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1. Given the information below: ra = 9.5% Transactions Deposits = $72,150,000 Secondary reserves = $14,000,000 Municipal Bonds = $11,700,000 Household CD's = $32,250,000 Savings
1. Given the information below: ra = 9.5% Transactions Deposits = $72,150,000 Secondary reserves = $14,000,000 Municipal Bonds = $11,700,000 Household CD's = $32,250,000 Savings Deposits = $125,250,000 Vault Cash = $4,160,000 Bank deposits with the Fed = $22,500,000 Determine: b) the maximum deposit outflow a bank can sustain without having to acquire additional reserves
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