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Given the following information Please find the total amount of liquidity reserves legally required by the bank Hot money funds Vulnerable funds Stable (core) funds
Given the following information Please find the total amount of liquidity reserves legally required by the bank
| Hot money funds | Vulnerable funds | Stable (core) funds | |
| Checkable deposits | 10 | 65 | 85 |
| Savings deposits | 5 | 152 | 450 |
| Nonpersonal time deposits | 1,200 | 740 | 172 |
| Percentage reserves | 85% | 25% | 5% |
| Reserve requirements on checkable deposits | 3% | ||
| Reserve requirements on savings deposits | 0% |
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Advanced Finance Theories
Authors: Ser-Huang Poon
1st Edition
9814460370, 978-9814460378
