Now Bank started its operations with $4 million in capital. A total of $50 million in checkable deposits is received. The bank makes a S3 million commercial loan and lends another $7 million in mortgage loans. Required reserves are 10%. What does the bank balance sheet look like? Now Bank decides to invest $8 million in 30-day T-bills. What does the balance sheet look like now? X-Bank reported an ROE of 10% and an ROA of 2%. Find the equity/assets using EM In 1999. the euro was trading at S0.90 per euro. If the euro is now trading at SI. 16 per euro, what is the percentage change in the euro's value? Is this an appreciation or a depreciation? When the U.S. dollar depreciates, what happens to exports and imports in the United States? Give a short answer. Collect data from the specified website and follow the instructions. Go to the St. Louis Federal Reserve FRED database, find and download data on the daily dollar exchange rates for the euro (DEXUSEU), and Japanese yen (DEXJPUS). Graph these daily exchange rates since the January 1, 2016 until now. How does the trend look? Calculate the percentage change in the exchange rates comparing the end period and starting period of your data. This is used as rate of return for the exchange rate