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If FNBNA Is Expecting a $15 Million Net Deposit Drain

Question 21

Multiple Choice

If FNBNA is expecting a $15 million net deposit drain and the securities liquidity index is 0.98,how many securities would have to be liquidated if the bank used only its securities to fund the expected deposit drain? A) $15,000,000 B) $16,444,331 C) $15,600,000 D) $15,306,122 E) $16,772,345 If FNBNA is expecting a $15 million net deposit drain and the securities liquidity index is 0.98,how many securities would have to be liquidated if the bank used only its securities to fund the expected deposit drain?


A) $15,000,000
B) $16,444,331
C) $15,600,000
D) $15,306,122
E) $16,772,345

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