Question
A bank promises to extend the loan of Rp100 billion three months from now if a company needs a loan. If the company does not
A bank promises to extend the loan of Rp100 billion three months from now if a company needs a loan. If the company does not need a loan, the bank will not extend the loan. Bank receives a commitment fee from this promise. What kind of risk faced by the bank? (credit risk, liquidity risk, market risk, or other risks)
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Financial Management Theory And Practice
Authors: Eugene F. Brigham, Michael C. Ehrhardt
10th Edition
0030329922, 9780030329920
