Business
Business, 14.07.2019 07:30, joe7977

Abank borrows $100,000 from the fed, leaving a $100,000 treasury bond on deposit with the fed to serve as collateral for the loan. the discount rate that applies to the loan is 4 percent and the fed is currently mandating a reserve ratio of 10 percent. how much of the $100,000 borrowed by the bank must it keep as required reserves? $100,000.$4,000.$0.$10,000.

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Abank borrows $100,000 from the fed, leaving a $100,000 treasury bond on deposit with the fed to ser...

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