Question
For a $1,200 average collected balance demand deposit, the deposit insurance premiums are $0.80, and interest expense, administrative costs and service charges are $10.8, $45.20,
For a $1,200 average collected balance demand deposit, the deposit insurance premiums are $0.80, and interest expense, administrative costs and service charges are $10.8, $45.20, and $23.50. What is RDD, keeping reserve requirement as 15%?
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Multinational Business Finance
Authors: David K. Eiteman, Arthur I. Stonehill, Michael H. Moffett
14th edition
133879879, 978-0133879872
