Question
Wells Fargo Bank currently has $200 million in hot money deposit with 80% liquid reserve, $150 million in vulnerable deposit with 30% liquid reserve and
Wells Fargo Bank currently has $200 million in hot money deposit with 80% liquid reserve, $150 million in vulnerable deposit with 30% liquid reserve and $20 million stable funds with 15% liquid reserve. The legal reserve for the bank is 5% of all deposits. What is the banks liability liquidity reserve?
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International Financial Management
Authors: Cheol S. Eun, Bruce G.Resnick
6th Edition
71316973, 978-0071316972, 78034655, 978-0078034657
