If the bank you manage has a gap of $42 million, describe an interest-rate swap that would
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If the bank you manage has a gap of –$42 million, describe an interest-rate swap that would eliminate the bank’s income risk from changes in interest rates.
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Related Book For
The Economics of Money Banking and Financial Markets
ISBN: 978-0321785701
5th Canadian edition
Authors: Frederic S. Mishkin, Apostolos Serletis
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