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key biscayne bank has vault cash of 2 million and 10 million in deposits as its federal reserve district bank. If the required reserve ratio is 8 percent, what is the dollar amount of deposits the bank can have?
The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.
Assume that interest rates on 15-year noncallable Treasury and corporate bonds with different ratings are as follows: • T-bond = 7.72% • AAA = 8.72% • A = 9.64% • BBB = 10.18% The difference in rates among these issues were most probably caused by:
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