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- Mortgages: 700 standard 20-year, fixed-rate with a nominal annual rate of 6% each for $100,000 and monthly repayment. - There are 38,000,15-year revenue bonds

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- Mortgages: 700 standard 20-year, fixed-rate with a nominal annual rate of 6% each for $100,000 and monthly repayment. - There are 38,000,15-year revenue bonds with each face value of $1,000 and coupon rate of 10% and yearly payment. - Repos borrowed for one month with a discount rate of 5%. - Tax rate =30%, reserve requirement =10% Inswer the following questions: a. What do the balance sheet and income statement look like at the end of the current month? (Round your answers to 3 decimal places) - Mortgages: 700 standard 20-year, fixed-rate with a nominal annual rate of 6% each for $100,000 and monthly repayment. - There are 38,000,15-year revenue bonds with each face value of $1,000 and coupon rate of 10% and yearly payment. - Repos borrowed for one month with a discount rate of 5%. - Tax rate =30%, reserve requirement =10% Inswer the following questions: a. What do the balance sheet and income statement look like at the end of the current month? (Round your answers to 3 decimal places)

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