Question

Refer to the information below for questions 6-8:
Formosa International Bank (FIB) (mill$)
Funds borrowed$6,300
Maximum amount FIB can still borrow$8,600
Cash"type assets$4,700
Excess cash reserves$ 100
Federal Reserve borrowings$ 200
What is Formosa International Bank's total sources of liquidity?
A) $16,520
B) $13,400
C) $14,200
D) $12,280
E) $15,760

Answer

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