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Helps with it 6. Calgary Finance Bank has the following balance sheet: Assets Liabilities Reserves $10m Chequable Deposits $100m Industrial Loans $90m Bank Capital $10m

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6. Calgary Finance Bank has the following balance sheet: Assets Liabilities Reserves $10m Chequable Deposits $100m Industrial Loans $90m Bank Capital $10m Canada Bonds $ 10m The desired reserves ratio is 10%. Assuming that Calgary Finance Bank suffers a $10 million deposit outow, describe how this withdrawal may affect the bank and its balance sheet. What problem will this create and how can it be resolved

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