Springer County Bank has assets totaling $180 million with a duration of five years, and liabilities totaling
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Springer County Bank has assets totaling $180 million with a duration of five years, and liabilities totaling
$160 million with a duration of two years. Bank management expects interest rates to fall from 9%
to 8.25% shortly. A T-bond futures contract is available for hedging. Its duration is 6.5 years, and it is currently priced at 995
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Related Book For
Financial Markets And Institution
ISBN: 9781292459547
10th Global Edition
Authors: Frederic Mishkin, Stanley Eakins
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