Consider the accompanying balance sheet for a Canadian chartered bank. If an additional $2,000,000 is deposited into the bank, then the amount of new loans (beyond its existing loans) that this chartered bank could make would be $ (Enter Desired your response as a whole number.) Assets ($000s) Liabilities Reserves 20,000 Deposits 7,600 Advances from ($000s) 190,000 0 Bank of Canada Excess Borrowings 25,000 Loans 200,000 Capital 45,000 Securities 40,000 Total Assets 260,000 Total Liabilities 260,000

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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Consider the accompanying balance sheet for a Canadian chartered bank.
If an additional $2,000,000 is deposited into the bank, then the amount of new
loans (beyond its existing loans) that this chartered bank could make would be $
your response as a whole number.)
Assets
Reserves
($000s)
Liabilities
($000s)
20,000
Deposits
190,000
(Enter
Desired
7,600
Advances from
0
Bank of
Canada
Excess
Borrowings
25,000
Loans
200,000
Capital
45,000
Securities
40,000
Total Assets 260,000
Total Liabilities 260,000
Transcribed Image Text:Consider the accompanying balance sheet for a Canadian chartered bank. If an additional $2,000,000 is deposited into the bank, then the amount of new loans (beyond its existing loans) that this chartered bank could make would be $ your response as a whole number.) Assets Reserves ($000s) Liabilities ($000s) 20,000 Deposits 190,000 (Enter Desired 7,600 Advances from 0 Bank of Canada Excess Borrowings 25,000 Loans 200,000 Capital 45,000 Securities 40,000 Total Assets 260,000 Total Liabilities 260,000
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