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3. What is the expected return on the loan to the bank if 60 percent of the loan is drawn and there are no reserve
3. What is the expected return on the loan to the bank if 60 percent of the loan is drawn and there are no reserve requirements on demand deposits? Do not take future values of fee or interest income received
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Managerial Accounting
Authors: Ray H. Garrison, Eric W. Noreen, Peter C. Brewer
13th Edition
978-0073379616, 73379611, 978-0697789938
