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A bank has assets of $450,000,000 and equity of $32,000,000. The assets have an average duration of 4.5 years, and the liabilities have an average
A bank has assets of $450,000,000 and equity of $32,000,000. The assets have an average duration of 4.5 years, and the liabilities have an average duration of 2.5 years. A fixed-rate T-bond with the s...
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Foundations of Financial Management
Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen
14th edition
007745443X, 978-0073530727, 73530727, 978-0077454432
