please answer all of the following questions tbank you!

Questions 1. In what sense are the financial claims of FIs considered secondary securities, while the financial claims of commercial corporations are considered primary securities? How does the transformation process, or intermediation, reduce the risk, or economic disincentives, to the savers? (4 points) 2. Bank A receives $580 million cash in a deposit account. The bank lends $350 million and invests $120 million in securities. a. Show the balance sheet of Bank A after receiving the cash deposit. ( 3 points) b. Show the balance sheet of Bank A after the loan and security investment. ( 3 points) 3. Bank XYZ currently has $800 million in transaction deposits on its balance sheet. The Federal Reserve has currently set the reserve requirement at 10% of transaction deposits. a. Suppose the Federal Reserve decreases the reserve requirement to 6%. Show the balance sheet of Bank XYZ and the Federal Reserve System just before and after the full effect of the reserve requirement change. Assume Bank XYZ withdraws all excess reserves and gives out loans, and that borrowers eventually return all.of these funds to Bank XYZ in the form of transaction deposits. (4 points) b. Redo part (a) using a 12% reserve requirement. (4 points) 4. The following balance sheet accounts (in millions of dollars) have been taken from the annual report for a U.S. bank. Construct the balance sheet for the bank based on the information given. ( 7 points)