What is refinancing risk? How is refinancing risk part of interest rate risk? If an FI funds

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What is refinancing risk? How is refinancing risk part of interest rate risk? If an FI funds long-term fixed-rate assets with short-term liabilities, what will be the impact on earn- ings of an increase in the rate of interest? A decrease in the rate of interest? (LG 19-1)

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Financial Markets And Institutions

ISBN: 9780078034664

5th Edition

Authors: Anthony Saunders, Marcia Cornett

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