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The Plainbank has $13 million in cash and equivalents, $32 million in loans, and $23 million in core deposits. a. Calculate the financing gap. b.
The Plainbank has $13 million in cash and equivalents, $32 million in loans, and $23 million in core deposits. a. Calculate the financing gap. b. Calculate the financing requirement. (For all requirements, enter your answers in millions.)
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