The differential between fixed- rate credit card rates and a banks cost of funds typically varies over

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The differential between fixed- rate credit card rates and a bank’s cost of funds typically varies over the interest rate cycle. What is this relationship, and why does it exist? Does the differential between commercial loan rates and a bank’s cost of funds behave similarly?
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Bank Management

ISBN: 978-1133494683

8th edition

Authors: Timothy W. Koch, S. Scott MacDonald

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