21. If the manager of the First National Bank revises the estimates of the duration of the...
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21. If the manager of the First National Bank revises the estimates of the duration of the bank's assets to four years and liabilities to two years, what is the effect on net worth if interest rates rise by 2 per- centage points?
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Financial Markets and Institutions
ISBN: 978-0321280299
5th edition
Authors: Frederic S. Mishkin, Stanley G. Eakins
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