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Reptor Reptor
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5 years ago
Given that most banks have positive gap and negative durations, banks prefer
A) lower market interest rates.
B) higher market interest rates.
C) higher market fixed rates but lower market floating rates.
D) either higher or lower market interest rates since interest rates have little effect on bank profits.
Textbook 
Money, Banking, and the Financial System

Money, Banking, and the Financial System


Edition: 3rd
Authors:
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vehmeinvehmein
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5 years ago
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Reptor Author
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5 years ago
Smart ... Thanks!
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Yesterday
Just got PERFECT on my quiz
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2 hours ago
Good timing, thanks!
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