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On April 2 , 2 0 2 0 , shortly after the $ 7 . 5 million deposit outflow, Key Bank had borrowed the needed
On April shortly after the $ million deposit outflow, Key Bank had borrowed the needed fund in the fed funds market to cover the shortfall in
reserves for the remainder of the month days, from to The required yield on a discount basis was
On April Key Bank finally received the first required payments from its mortgages, loan, and Tbills, and it also paid off its fed funds loan. Key Bank
was required to establish a loan loss reserve at of the commercial loan value and the bank was in the tax bracket. The bank had not engaged in any
offbalancesheet activities.
Question: What was the value of bank's riskweighted assets RWA for its first month of operation?
$
$
$
$
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