$\backslash$table$[[,],[$Outcome$,],[,$Start of Round $4],[$Allocation$,1],[$Income$,$Expense$],[$Cash$,$$ $315850\mathrm{.}00],[0\mathrm{.}00\%,$$ $-],[$$ $-,$Securities$],[$$ $756394\mathrm{.}27,0\mathrm{.}25\%],[$$ $1890\mathrm{.}99,$$ $-],[$Consumer Loans,$ $4000000\mathrm{.}00],[6\mathrm{.}00\%,$$ $240000\mathrm{.}00],[$$ $-,$Residential Mortgage$],[$$ $4000000\mathrm{.}00,2\mathrm{.}00\%],[$$ $80000\mathrm{.}00,$$ $-],[$C&I,$ $-],[3\mathrm{.}00\%,$$ $-],[$$ $-,$Total Loans$],[$$ $8000000\mathrm{.}00,],[,],[$Deposits$,$$ $6000000\mathrm{.}00],[2\mathrm{.}00\%,$$ $-],[$$ $120000\mathrm{.}00,$Borrowed$],[$$ $6000000\mathrm{.}00,1\mathrm{.}00\%],[$$ $-,$$ $60000\mathrm{.}00],[$Total Financing,$ $12000000\mathrm{.}00],[,],[,$Total Income and Expense$],[,],[$$ $321890\mathrm{.}99,$$ $180000\mathrm{.}00],[$Retained Earnings,$ $72244\mathrm{.}27],[,],[,],[,],[,],[$Balance Sheet: End of Round $3,],[,],[,$Assets$],[$Liabilities & Equity,$],[,],[$Cash$,$$ $455850\mathrm{.}00],[$Deposits$,$$ $6000000\mathrm{.}00],[,$Securities$],[$$ $758285\mathrm{.}26,$Borrowed$],[$$ $6000000\mathrm{.}00,],[$Lending$,],[$Total Liabilities,$ $12000000\mathrm{.}00],[,$Cons.Loans$*],[$$ $4000000\mathrm{.}00,],[,],[$Residential Mortgage$*,$$ $4000000\mathrm{.}00],[$Comm Stock,$ $1000000\mathrm{.}00],[,$C$($&$)/(*)],[$$ $-,$Ret Earnings$],[$$ $214135\mathrm{.}26,],[$Total Lending,$ $8000000\mathrm{.}00],[$Total Equity,$ $1214135\mathrm{.}26],[,],[,],[,],[$Total Assets,$ $9214135\mathrm{.}26],[$Total L&E$,$$ $13214135\mathrm{.}26],[,],[,],[,]]$ In Round $4$ you have expanded opportunities to lend overseas and fund your operations in the Eurodollar market and in foreign currencies. Specifically, you will now be able to $1)$ make and fund C$\backslash$&I loans denominated in Euros and$/$or $2)$ fund your US$\backslash$$ operations in Eurodollars.

$3.$ Revise your asset allocation and funding source decisions for Round $4$ in light of these new lending and funding alternatives and the possible outcomes $(1$ through $7).$

a$.$ Notice that the outcomes in the LMS assume euro interest rates are not perfectly correlated with U$.$S$.$ dollar interest rates.

b$.$ Observe that sourcing US$\backslash$$ in the Eurodollar market is generally cheaper than sourcing dollars domestically, with the exception of an occurrence of a liquidity crisis.

c$.$ Also note that all balance sheet items are ultimately denominated in US$\backslash$$$.$

d$.$ Open the embedded excel spreadsheet and load the items from the End of Round $3$ but also make allocations in euros and Eurodollars. Make sure your balance sheet balances correctly.