a. What is the primary asset in which savings and loan associations invest? b. Why were banks

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a. What is the primary asset in which savings and loan associations invest?

b. Why were banks in a better position than savings and loan associations to weather rising interest rates?

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Foundations Of Financial Markets And Institutions

ISBN: 9780136135319

4th Edition

Authors: Frank J Fabozzi, Franco G Modigliani, Frank J Jones

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