Question: Question 4 0 / 1 pts First National Bank posts the following balance sheet entries on today's date: Net loans and leases, $3,502 million; cash

Question 4 0 / 1 pts First National Bank posts the

Question 4 0 / 1 pts First National Bank posts the following balance sheet entries on today's date: Net loans and leases, $3,502 million; cash and deposits held at other banks, $633 million; Federal funds sold $94 million; U.S. government securities, $185 million; Federal funds purchased, $65 million; demand deposits, $988 million; time deposits, $2,627 million; and total assets, $3,187 million. Calculate the Net Federal Funds Position. (Report your answer in number rather than in %; keep four decimal places. e.g. report 0.0103 rather than 1.03%). You Answered 0.0041

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