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natka813 [3]
3 years ago
6

The manager of the bank where you work tells you that the bank has $300 million in deposits and $255 million dollars in loans. I

f the reserve requirement is 8.5 percent, how much is the bank holding in excess reserves?
Business
1 answer:
tigry1 [53]3 years ago
4 0

Answer:

The bank is holding $19.5 million in excess reserves.

Explanation:

If the bank has $300 million is deposits and the reserve ratio is 8.5% then the bank needs to have minimum reserves of 8.5% of 300 million so the minimum reserves are 0.085*300 million = 25.5 million

How ever the actual reserves of the bank is the difference between deposits and loans. The deposits are 300 million and loans are 255 million so the actual reserves are 300 million-255 million= $45 million

Excess reserves is the difference between the actual reserves and the minimum reserves so 45 million - 25.5 million = 19.5 million.

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The owner of the land that gains the benefit in easements appurtenant is the (select one):
bezimeni [28]

Answer:

a) dominant tenement. 

Explanation:

A dominant tenement is the owner of the land that gains the benefit in easements appurtenant.

A servient tenement is the owner of the land that provides the easements .

I hope my answer helps you.

6 0
3 years ago
Countess Corp. is expected to pay an annual dividend of $4.63 on its common stock in one year. The current stock price is $74.11
Mamont248 [21]

Answer:

r = 0.099974 or 9.9974% rounded off to 10.00%

Explanation:

Using the constant growth model of DDM we calculate the price of a stock today which is expected to pay a dividend which increases at a constant rate through out. The DDM values a stock based on the present value of the expected future dividends from the stock. The formula for price under this model is,

P0 = D1 / r - g

Where,

  • r is the required rate of return or cost of equity
  • g is the constant growth rate in dividends

Plugging in the available values in the formula, we calculate r to be,

74.11 = 4.63 / (r - 0.0375)

74.11 * (r - 0.0375) = 4.63

74.11r - 2.779125 = 4.63

74.11r = 4.63 + 2.779125

r = 7.409125 / 74.11

r = 0.099974 or 9.9974% rounded off to 10.00%

7 0
3 years ago
Asuna hobe bulamadım​
AlekseyPX

Answer:

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Explanation:

8 0
3 years ago
Read 2 more answers
What would happen to the U.S. economy if all or most manufactures here made 80-85% of their own parts like SpaceX and Tesla?
bazaltina [42]

Answer:

The U.S economy won't fall, but it will have some problems.

Explanation:

Now,

If all  manufactures start making their own parts, the U.S Government wont have any customers to buy the resources needed to make a part. These Manufacturers will have to make mines and factories of their own to do this. It is unlikely that manufacturers will make factories or mines to make their own parts because it is going to be a huge project and its going to cost a lot of money which will be a lose-lose situation because both the U.S and the manufacturers are not going to benefit.

5 0
3 years ago
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VikaD [51]

Communication.

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3 years ago
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