Question: Suppose J P Morgan Chase Bank of New York discovers that
Suppose J.P. Morgan Chase Bank of New York discovers that projected new loan demand next week should total $325 million and customers holding confirmed credit lines plan to draw down $510 million in funds to cover their cash needs next week, while new deposits next week are projected to equal $680 million The bank also plans to acquire $420 million in corporate and government bonds next week. What is the bank's projected available funds gap?
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