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3. A bank has $92 million in cash and equivalents, average loans of $387 million and average deposits of $372 million. (3 points each) a.
3. A bank has $92 million in cash and equivalents, average loans of $387 million and average deposits of $372 million. (3 points each) a. Calculate the bank's financing gap. b. Suppose the bank's financing gap was $19 million yesterday. What does the difference between today's financing gap and yesterday's financing gap indicate to the bank about its liquidity position? c. Calculate the bank's financing requirement. d. What does the bank's financing requirement mean for the bank? How will it use this information to manage its liquidity
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