1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
blsea [12.9K]
3 years ago
13

ngus Bank holds no excess reserves but complies with the reserve requirement. The required reserves ratio is 99​%, and reserves

are currently ​$2727 million. The amount of deposits is ​$300300 million. ​(Round your response to one decimal​ place.) The reserve shortage created by a deposit outflow of ​$55 million is ​$negative 4.55−4.55 million. ​(Round your response to two decimal​ places.) The cost of the reserve shortage if Angus Bank borrows in the federal funds market​ (assume the federal funds rate is 0.250.25​%) is ​$
Business
1 answer:
stira [4]3 years ago
7 0

Answer:

312.5 million

-3.68 million

11040

Explanation:

The amount of deposits is ​ ​$312.5 million

The reserve shortage created by deposit outflow of 4 million is - ​$3.68 million

The cost of the reserve shortage if Angus Bank borrows in the federal funds market is (federal funds rate is 0.3%) is  ​$11040

You might be interested in
Which of these resources do
xeze [42]

Answer:

B. Capital

Explanation:

It would be capital because households pay for the certain goods or services a business has to offer, therefore giving them money. The word "Capital" means funds/money, and since the households are giving the businesses money, they care supplying capitals.

4 0
3 years ago
Airborne Airlines Inc. has a $1,000 par value bond outstanding with 10 years to maturity. The bond carries an annual interest pa
yanalaym [24]

Answer:Yield to maturity is 9.59%;  After tax cost of debt =7.672%

Explanation:

 A)   Yield to maturity ={ C + (FV-PV)/t} /  {(FV +PV)/2}

Where C – Interest payment    = $90

FV – Face value of the security

= $1000

PV – Present value/curent market value = $960

t – years it takes the security to reach maturity= 10 years

imputing the values and calculating,

yield to maturity ={ C + (FV-PV)/t} /  {(FV +PV)/2}

= $90 + (1000-960)/10} / 1000 + 960 /2

$90 + 4= $94 /980= 0.0959

therefore Yield to maturity is 9.59%

B)   After tax cost of debt =    Yield To Maturity  x (1 - tax rate)

=9.59% x (1-20%)= 9.59% x (1-0.2 )= 9.59% x 0.8 =

9.59 % x 80%=7.672%

4 0
3 years ago
For a uniform series that starts at the end of the year two and stops at the end of year eight, the (F/A, i%, 7) factor will yie
Nikolay [14]
Sorry, I’m not sure so I don’t want to mislead you
5 0
3 years ago
This year, Mr. Thomas has a higher credit score than he did last year. Which of the following should Mr. Thomas expect with the
9966 [12]
An easier time getting a car loanan easier time renting an apartment
4 0
3 years ago
Read 2 more answers
I’ll mark the best one with 20 points !
bonufazy [111]

Answer: rotate the bottom to the right, top to bottom and right to top

Explanation:

5 0
3 years ago
Other questions:
  • LeMay Frosted Flakes Company offers its customers a pottery cereal bowl if they send in 4 boxtops from LeMay Frosted Flakes boxe
    13·1 answer
  • How do you suppose the demographics of an aging population of "baby boomers" in the united states will affect the demand for mil
    14·1 answer
  • Bella's employer asks her to generate a description of her job that entails what a job applicant needs to know to perform the jo
    8·2 answers
  • A mutual fund has total assets of 2.4 million dollars and 300,000 shares. What is the net asset value of one share of the fund?
    11·1 answer
  • A company is usually unable to take advantage of economies of scale during the __________ stage of the product life cycle.
    14·2 answers
  • What does the concept of limited liability posits?​
    12·1 answer
  • XYZ produces a single product and has provided the following data for its most recent month of operations:
    13·1 answer
  • In the context of using information technologies for a competitive advantage, which statement is true of a top-line strategy? a.
    10·1 answer
  • Can i go to business school
    8·2 answers
  • According to the eight-stage model of planned organizational change, the last stage of navigating the change process is?
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!