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Lubov Fominskaja [6]
3 years ago
10

Suppose first main street bank, second republic bank, and third fidelity bank all have zero excess reserves. the required reserv

e ratio is 10%. the federal reserve buys a government bond worth $500,000 from manuel, a client of first main street bank. he deposits the money into his checking account at first main street bank.

Business
2 answers:
vovangra [49]3 years ago
6 0

Answer:

Please see attachment

Explanation:

Please see attachment

lbvjy [14]3 years ago
4 0
<span>he deposits the money into his checking account at first main street bank is the answer</span>
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Answer:

False

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What might explain why the restaurant isn't named in the lawsuit?
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Assume that because of a new law, the types of significant transactions a partnership engages in are no longer lawful. two of th
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Jasper makes a $31,000, 90-day, 6.5% cash loan to Clayborn Co. The amount of interest that Jasper will collect on the loan is:__
pochemuha

Answer:

the amount of interest that is collected is $503.75

Explanation:

The computation of the amount of interest that is collected is shown below:

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4 0
2 years ago
Marston Manufacturing Company has two divisions, L and H. Division L is the company’s low-risk division and would have a weighte
uysha [10]

Answer:

Should Marston Manufacturing Company accept or reject the project?

Marston C Company should reject the project because its expected return is lower than Division H's cost of capital.

Since the divisions' risk is so different, and probably their projects are also very different, the company should use different costs of capital to accept of reject the projects based on each division's cost of capital.

Imagine another situation where Division L is evaluating a project that yields 10%. If they used the company's WACC, then they should reject the project, but if they used the division's cost of capital, then they should accept the project (in this case I would recommend accepting it).

Explanation:

Division H's risk = 14%

Division L's risk = 8%

WACC = 11%

3 0
3 years ago
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