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A bank has DA = 2.5 years and DL = 1.2 years. The bank has total equity of $80 million and total assets of $820
A bank has DA = 2.5 years and DL = 1.2 years. The bank has total equity of $80 million and total assets of $820 million. Interest rates are at ten percent (10%). To get DE to equal zero to protect the equity value in the event of an interest rate change, the bank could
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