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Suppose that PNC Bank sells $20 million in Treasury bills to the Fed and then...

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Suppose that PNC Bank sells $20 million in Treasury bills to the Fed and then makes a $20 million loan to David's Donut Emporium and Boat Repair. Use a T-account to show the results of these transactions on PNC's balance sheet. (Enter your responses as integers. Include a minus sign to indicate a negative change, but do not include a plus sign for a positive change.) PNC Bank Assets Liabilities Securities $ million Loans $ million

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