Question
A financial institution currently has a negative duration gap. If interest rates ______ then the firms net worth will ______. A. increase; decrease B. decrease;
A financial institution currently has a negative duration gap. If interest rates ______ then the firms net worth will ______.
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A. increase; decrease
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B. decrease; increase
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C. increase; increase
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D. a and b
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Personal Finance
Authors: E Thomas Garman, Raymond E Forgue
10th Edition
143903902X, 9781439039021
