The bank expected lliquidity deficit or surplus

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John Camey the money manager of the first state bank has estimated that the bank has a 20 percent chance of liquidity deficit of $700 million, a 30 percent chance of a liquidty deficit of $200 million, a 30 Percent chance of a liquidity surplus of $400 million and a 20 Percent chance of a liquidity surplus of $900 million over the next week. What is the bank's expected lliquidity deficit or surplus over the next week? (Please show all of the steps to get to the answer.)

Reference no: EM131354222

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