Answer: False
Explanation:
These are financial assets that has existing market invariably there prices are determined by market forces.
Discounting flows refers to project that are to produce inflows into the future the discount helps to determine the present value of the future inflows.
Answer:
$9 billion
Explanation:
Calculation to determine what The commercial banking system has excess reserves of
Using this formula
Excess Reserve= Net Worth Reserves -Required reserve
Let plug in the formula
Excess Reserve=$51 billion - (.30*$140 billion)
Excess Reserve=$51 billion-$42 billion
Excess Reserve=$9 billion
Therefore The commercial banking system has excess reserves of $9 billion
<u><em>You should spend a large amount of time thinking about a big decision before you make it because it could have a huge impact in your life. You need to be able to decide if it is the right or wrong choice or if there is any consequences.</em></u>
