A bank money manager estimates that the bank will experience a liquidity deficit of $400 million with a probability of 10 percent, a liquidity deficit of $900 million with a probability of 20 percent, a liquidity surplus of $600 million with a probability of 30 percent, and a liquidity surplus of $1,200 with a probability of 40 percent over the next month. What is this bank's expected liquidity deficit or surplus next month? A. $880 million liquidity surplus B. $440 million liquidity deficit C. $440 million liquidity surplus D. $880 million liquidity deficit E. None of the options is correct
how is the answer C how do we solve it?
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “A bank money manager estimates that the bank will experience a liquidity deficit of $400 million with a probability of 10 percent, a ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
Emma Pebble and Chase Stone formed a partnership in a landscape business. Under their arrangement, Emma actively manages the company and assumes unlimited liability for the firm's debts.
Answers (1)
When a company offers consumers the ability to make purchases via a smart phone, this is known as:?
Answers (1)
The primary purpose of the legal reserve requirement is to: A) Provide a dependable source of interest income for commercial banks.
Answers (1)
A price index one year was 145, and the next year it was 167. What is the approximate percentage change in the price level from one year to the next as measured by that index
Answers (1)
Which of the following would likely lead to the greatest improvement in health status of the population in the United States? A. Higher per capita incomes. B. More spending on public health, such as improved water supply and sanitation. C.
Answers (1)
New Questions in Business
Assume Canada can either produce three bushels of barley or six bushels of hay in a set period of time, and China can produce either two bushels of barley or three bushels of hay in a set period of time.
Answers (1)
The financial statements for Harold Corporation contained the following information: Accounts receivable $ 5,000 Sales revenue 75,000 Cash 15,000 Salaries and wages expense 20,000 Rent expense 10,000 How much was Harold's net income?
Answers (1)
Nastasha has a gross income of $66,429. she can make adjustments of $14,490 for business losses, $3,584 for business expenses, and $4,813 for contributions to her retirement plan. what is nastasha's adjusted gross income? a. $109,971 b. $22,887 c.
Answers (1)
Debra notes that theo chocolate has started holding its own operations to the same imo standards of fair trade to which it holds its suppliers. this type of sends a powerful message to employees and customers.
Answers (1)
Partners G and H form the GH partnership, with G contributing $200,000 cash and H contributing some land with a basis of $600,000 and a FMV of $900,000, subject to a nonrecourse liability of $700,000.
Answers (1)