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Suppose a commercial bank has new loan requests that meet its quality standards of $150 million; it wishes to purchase $75 million in new Treasury
Suppose a commercial bank has new loan requests that meet its quality standards of $150 million; it wishes to purchase $75 million in new Treasury securities being issued this week and expects drawings on credit lines from its best corporate customers of $135 million. Deposits and other customer funds received today total $185 million, and those expected in the coming week will bring in another $100 million.
What is this banks estimated available funds gap (AFG) for the coming week (in millions of dollars):
Exclude $ , space and decimal from your input answer.Example $95,000,000 should be inputted as 95000000
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