As a member of a task team at work, faith feels her group has been successful in completing all its projects ahead of time. its final report was received enthusiastically by its supervisors. the group members were also given a bonus for their efforts. the members felt a renewed sense of commitment to their company. they felt ready to take on any project and complete it efficiently, no matter how challenging it seemed. if the group was assigned a new task, which of the following symptoms of groupthink would they most likely display? a. the illusion of invulnerability b. a lack of inpartial leadership c. self-actualization d. collective rationalization

What happens when a bank is required to hold more money in reserve?

Singer and mcmann are partners in a business. singer’s original capital was $40,000 and mcmann’s was $60,000. they agree to salaries of $12,000 and $18,000 for singer and mcmann respectively and 10% interest on original capital. if they agree to share remaining profits and losses on a 3: 2 ratio, what will mcmann’s share of the income be if the income for the year was $15,000?

Variable rate cd’s = $90 treasury bills = $150 discount loans = $20 treasury notes = $100 fixed rate cds = $160 money market deposit accts. = $140 savings deposits = $90 fed funds borrowing = $40 variable rate mortgage loans $140 demand deposits = $40 primary reserves = $50 fixed rate loans = $210 fed funds lending = $50 equity capital = $120 a. develop a balance sheet from the above data. be sure to divide your balance sheet into rate-sensitive assets and liabilities as we did in class and in the examples. b. perform a standard gap analysis and a duration analysis using the above data if you have a 1.15% decrease in interest rates and an average duration of assets of 5.4 years and an average duration of liabilities of 3.8 years. c. indicate if this bank will remain solvent after the valuation changes. if so, indicate the new level of equity capital after the valuation changes. if not, indicate the amount of the shortage in equity capital.