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31) Midlands National is negotiating to sell a Jumbo CD in the amount of $ 25 million to Warren Buffet. Given reserve requirements, how much

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31) Midlands National is negotiating to sell a Jumbo CD in the amount of $ 25 million to Warren Buffet. Given reserve requirements, how much of this $25 million would be available to be lent out? A) $ 25 million B) $22.5 million C) $27.5 million D) $0

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