What is its projected available funds gap

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Time bank of New York expects new deposit inflows next month of $265 million and deposit with straws of $425 million. The banks economics department has projected that new loan demand will reach $400 million and customers with approved credit lines will need $175 million in cash. The bank will sell for $450 million in securities, but plans to add $60 million in new securities to its portfolio. What is its projected available funds gap?

Reference no: EM131178079

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