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Assume a bank accepts a 6-month $20,000 rate sensitive deposit at a cost of 4.0% and invests in a $30,000 6-month T-Bill at rate of
Assume a bank accepts a 6-month $20,000 rate sensitive deposit at a cost of 4.0% and invests in a $30,000 6-month T-Bill at rate of 4.50%. What is the banks 6-month GAP Ratio?
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Investments
Authors: Zvi Bodie, Alex Kane, Alan J. Marcus
7th Edition
007331465X, 978-0073314655
