 |
|
| Browse | Ask | Answer | Search | Join/Login |
|
|
||||
|
Market-clearing FF rate
I have to calculate Market - clearing rate FF rate if there are only three banks in the economy and each submits the following order for FF purchases and sales
For example for one bank Rate 5%, 5.25%, 5.5%, 5.75,6% Sell 375, 350,325,300,275 buy 25, 25,40,50,55. Any idea would be much appreciated as I don't even have any idea how to start this question. Please help |
||||
Check out some similar questions!
Accounting question help! Notes receivable and market rate
[ 0 Answers ]
Okay here's the question The express company makes a sale to a customer. The price of the sale is 27,000. Express company accepts a 3 year note from the buyer. Additional info. 1) date of sale-march 1,2010 2)maturity date of note-march 1 2013 3)interest rate stated on note- 2% 4) market rate...
View more questions Search
| Question Tools | Search this Question |
Add your answer here.
|
