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A bank makes a $30,000 loan, it is ARM 1/1 (rate can change after one year). The bank funds the loan with $25,000 5 year
A bank makes a $30,000 loan, it is ARM 1/1 (rate can change after one year). The bank funds the loan with $25,000 5 year CD and $5000 of equity. What is the GAP2 (two for two years) on this loan? $0 $25,000 $30,000 -$30,000
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