32) The management of net interest income in a financial institution implies: The management of liquidity risk for the institution The management of assets and liability mismatch The management of operational risk All the above 33) The LIBOR/SWAP curve is created through: A term structure of interest rates showing the rate of interest at which a AA-rated company can borrow for 1, 2, 3 ... years The use of swap rates so that the term structure represents future short-term AA borrowing rates Either A or B Neither A, nor B 34) A three-year bond with a yield of 13% (continuously compounded) pays a 5% coupon at the end of each year. The face value of the bond is $100. What is the bond's duration? 3 years 2.68 years 2.84 years 2.25 years bounded) na 50% Counon at the