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In a fractional reserve system with a reserve requirement ratio of 15%, how much aggregate loan activity would be generated in the banking system by
In a fractional reserve system with a reserve requirement ratio of 15%, how much aggregate loan activity would be generated in the banking system by USD 500 million in deposits in theory? A. 75.0 million B. 568.2 million C. 3,333.3 million D. 4,166.7 million E. Not enough information to estimate Question 31 1 pts A 3 year from maturity 4% annual pay coupon bond is trading with a market yield of 2%. Calculate Macaulay's Duration. A. 2.000 B. 2.587 C. 2.889 D. 3.015
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