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Second National Bank (SNB) (million $) Funds borrowed $ 6,500 Maximum amount SNB can still borrow $ 8,500 Cash-type assets $ 3,700 Excess cash reserves
Second National Bank (SNB) (million $) |
| |||
Funds borrowed | $ | 6,500 |
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Maximum amount SNB can still borrow | $ | 8,500 |
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Cash-type assets | $ | 3,700 |
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Excess cash reserves | $ | 80 |
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Federal Reserve borrowings | $ | 20 |
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What is Second National Bank's total net liquidity?
A) $6,520
B) $13,500
C) $14,200
D) $12,280
E) $5,760
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