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Im having difficulty with this question. Thank you for your help :)) (a) Table below indicates the amount of assets available in Bank Alpha, Bank
Im having difficulty with this question. Thank you for your help :))
(a) Table below indicates the amount of assets available in Bank Alpha, Bank Beta and Bank Omega. Which bank possesses stronger liquidity position? Explain and justify your answer with support. (Word limit = 300) (10 marks) Bank Alpha Assets $ (in million) Cash 150 Treasury notes 100 Consumer 150 loans Commercial 100 loans Total assets 500 Bank Beta Assets (in million) Cash 100 Treasury bills 200 Consumer 100 loans Commercial 100 loans Total assets 500 Bank Omega Assets $ (in million) Cash 100 Treasury bonds 100 Treasury bills 50 250 Commercial loans Total assets 500Step by Step Solution
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