What is the projected available funds gap

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Question: Lavendar Bank of New York expects new deposit inflows next month of $330 million and deposit withdrawals of $425 million. The bank's economics department has projected that new loan demand will reach $ 460 million and customers with approved credit lines will need $125 million in cash. The bank will sell $480 million in securities, but plans to add $75 million in new securities to its portfolio. What is its projected available funds gap?

Reference no: EM131721721

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