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Flow Financial Bank wants to temporarily sell $100 million worth of its Treasury bills, with an agreement to buy them back in one year for

Flow Financial Bank wants to temporarily sell $100 million worth of its Treasury bills, with an agreement to buy them back in one year for $102 million.\ \ First Guaranty Bank wants to borrow funds to purchase a $22 million building for its new branch location and wants to issue long-term securities to cover the financing of the new branch location.\ \ New Horizon Bank has a shortage of funds and wants a temporary source of funds for two days to make up the difference. They want to pay an interest rate thats similar to rates on Treasury securities and don't want to borrow from their Federal Reserve district bank or a source outside of the United States.\ \ Diligence Bank has a shortage of funds and wants a temporary source of funds for two days to make up the difference. They have great relationships with banks outside of the United States and want to borrow funds from Deutsche Bank in Germany.\ \ True

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