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An Fl is planning to issue $340 million in commercial loans. It will inance all of it by issuing demand deposits. a. What is the

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An Fl is planning to issue $340 million in commercial loans. It will inance all of it by issuing demand deposits. a. What is the minimum capital required if there are no reserve requirements? b. What is the minimum demand deposits it needs to attract in reserve requirement on demand deposits, all reserves are held in the form of cash, and $20 million of funding is through c. Prepare a simple balance sheet with total assets and total liabilities and equity, assuming this is the o order to fund this loan if you assume there is a 10 percent average equity? nly project funded by the B Complete this question by entering your answers in the tabs below Required A Required 8 Requiredc What is the minimum capital required if there are no reserve requirements? (Enter your answer in millions rounded to 1 decimal place. (e.g, 32.1)) Minimum capital Required B >

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