Bank of America faces the following inflows and outflows during the coming month: ...
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Bank of America faces the following inflows and outflows during the coming month:
1. deposit withdrawals of $66 million
2. Customer loan repayments of $2016 million
3. sales of assets $36 million
4. operating expenses of $102 million
5. new loan request accepted of $588 million
6. deposits of $1340 million
7. borrowings from the money market of $86 million
8. nondeposit service fees of $54 million
9. borrowings to be repaid of $46 million
10. divided payment of $280 million
11. extraordinary income of $100.
What is Bank of Americas projected net liquidity position for the coming month?
Bank of America faces the following inflows and outflows during the coming month:
1. deposit withdrawals of $66 million
2. Customer loan repayments of $2016 million
3. sales of assets $36 million
4. operating expenses of $102 million
5. new loan request accepted of $588 million
6. deposits of $1340 million
7. borrowings from the money market of $86 million
8. nondeposit service fees of $54 million
9. borrowings to be repaid of $46 million
10. divided payment of $280 million
11. extraordinary income of $100.
What is Bank of Americas projected net liquidity position for the coming month?
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