Question
A bank expects in the week about to begin: $35 million in new MMDA borrowings, $30 million in deposit withdrawals, $25 million in revenues from
A bank expects in the week about to begin: $35 million in new MMDA borrowings, $30 million in deposit withdrawals, $25 million in revenues from the sale of nondeposit services, $35 million in incoming deposits, $15 million in customer loan repayments, $10 million in dividend payments to its stockholders, $20 million in sales of bank assets, $50 million in acceptable loan requests, $15 million in repayments of bank borrowings to other banks, and $10 million in cash outflows to cover other operating expenses. This bank's net liquidity position for the week is:
A. | $20 million | |
B. | $30 million | |
C. | $10 million | |
D. | $15 million | |
E. | None of the other responses are correct |
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