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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The Economics of Money Banking and Financial Markets

ISBN: 978-0321785701

5th Canadian edition

Authors: Frederic S. Mishkin, Apostolos Serletis

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Question Posted: Nov 09, 2018 12:11 PM

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If the bank you manage has a gap of $42 million, describe an interest-rate swap that would

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It would swap interest on 42 ...View the full answer

The Economics of Money Banking and Financial Markets

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