Question
A banks assets tend to be long-term while its liabilities are short-term.Therefore, when interest rates rise, the value of the banks assets: Increases and the
A banks assets tend to be long-term while its liabilities are short-term.Therefore, when interest rates rise, the value of the banks assets:
Increases and the value of its liabilities decreases
Increases by more than the value of its liabilities
Decreases and the value of its liabilities increases
Will decrease by more than the value of its liabilities
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Personal Finance
Authors: Jack Kapoor, Les Dlabay, Robert J. Hughes, Arshad Ahmad, Jordan Fortino
6th Canadian edition
1259453146, 978-1259453144
