For the upcoming week, Nobel National Bank plans to issue $25 million in mortgages and purchase $100
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For the upcoming week, Nobel National Bank plans to issue $25 million in mortgages and purchase $100 million in 31-day T-bills. New deposits of $35 million are expected, and other sources will generate $15 million in cash. What is Nobel’s estimate of funds needed?
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Related Book For 
Financial Markets and Institutions
ISBN: 978-0133423624
8th edition
Authors: Frederic S. Mishkin, Stanley G. Eakins
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