Question
20. If a bank has more rate-sensitive liabilities than rate-sensitive assets, then a(n) ________ in interest rates will ________ bank profits. A. increase; increase B.
20. If a bank has more rate-sensitive liabilities than rate-sensitive assets, then a(n) ________ in interest rates will ________ bank profits.
A. increase; increase
B. increase; reduce
C. decline; reduce
D. decline; not affect
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Asset Allocation From Theory To Practice And Beyond
Authors: Mark P. Kritzman, William Kinlaw, David Turkington, Harry M. Markowitz
1st Edition
1119817714, 978-1119817710
