17. If the First National Bank decides to convert $5 mil- lion of its fixed-rate mortgages into...

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17. If the First National Bank decides to convert $5 mil- lion of its fixed-rate mortgages into variable-rate mortgages, what happens to its interest-rate risk? Explain with gap analysis.

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Financial Markets and Institutions

ISBN: 978-0321280299

5th edition

Authors: Frederic S. Mishkin, Stanley G. Eakins

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