$3.$ A bank has $$30$ million in cash and

equivalents, average loans of $$50$ million and average deposits of

$$35$ million.$$a$.$ Calculate the bank$$s financing gap.b$.$ Suppose the bank$$s financing gap was $$10$ million yesterday.

Why is the difference between today$$s financing gap and yesterday$$s

financing gap of concern to the bank?c$.$ Calculate the bank$$s financing requirement.d$.$ How will the bank use the financing requirement in managing

its liquidity?