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Bank of America has excess reserves of $72 million, which it will lend overnight to Goldman Sachs. If the fed funds rate is 1.82%, calculate
Bank of America has excess reserves of $72 million, which it will lend overnight to Goldman Sachs. If the fed funds rate is 1.82%, calculate the repayment. $72,003,590.14 73,310,400.00 $71,996,360.00 $72,003,640.00 $71,987,592.00
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