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Second National Bank (SNB) (million $) Funds borrowed $ 5,750 Maximum amount SNB can still borrow $ 9,250 Cash-type assets $ 3,700 Excess cash reserves
Second National Bank (SNB) (million $) | ||
Funds borrowed | $ | 5,750 |
Maximum amount SNB can still borrow | $ | 9,250 |
Cash-type assets | $ | 3,700 |
Excess cash reserves | $ | 80 |
Federal reserve borrowings | $ | 20 |
What are Second National Bank's net liquidity?
Group of answer choices
12,780
$6,270
$7,260
$5,770
$13,030
Question 3 Second National Bank (SNB) (million $) $ 5,750 $ 9,250 Funds borrowed Maximum amount SNB can still borrow Cash-type assets Excess cash reserves Federal reserve borrowings $ 3,700 $ 80 $ 20 What are Second National Bank's net liquidity? 12,780 $6,270 $7,260 $5,770 $13,030Step by Step Solution
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