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4 . ( 1 5 ) The bank you own has the following balance sheet.AssetsReserves$ 8 0 millionLiabilitiesDeposits$ 6 0 0 millionSecurities 5 0 millionBorrowings

4.(15) The bank you own has the following balance sheet.AssetsReserves$80 millionLiabilitiesDeposits$600 millionSecurities 50 millionBorrowings 50 millionLoans 620 millionBank capital 100 milIlon a) Assume there is an unexpected deposit outflow of $30 million. Please restate the balance sheet to reflect this change b) If the bank management wants to hold required reserves at 10%, how much must be added to the bank's reserve account? c) On the restated balance sheet, please show the necessary changes if management decides to borrow from another bank? d) What would be the costs of this action? E) Which action is more costly-borrowing from the Federal Reserve or borrowing from another bank in the Federal Funds market? Why

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