Explain how a bank manager uses Core Principles 1, 2 and 3 (Time Has Value, Risk Requires

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Explain how a bank manager uses Core Principles 1, 2 and 3 (Time Has Value, Risk Requires Compensation, and Information Is the Basis for Decisions) to select assets and issue liabilities consistent with shareholder preferences.

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Money Banking and Financial Markets

ISBN: 978-0078021749

4th edition

Authors: Stephen Cecchetti, Kermit Schoenholtz

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