Question
Base your answers on the following document, FORM 10-Q, For the quarterly period ended March 31, 2020, DIME COMMUNITY BANCSHARES, INC. https://www.sec.gov/Archives/edgar/data/1005409/000114036120011124/form10q.htm#CHANGESINSTOCKHOLDERSEQUI According to the
Base your answers on the following document, FORM 10-Q, For the quarterly period ended March 31, 2020, DIME COMMUNITY BANCSHARES, INC. https://www.sec.gov/Archives/edgar/data/1005409/000114036120011124/form10q.htm#CHANGESINSTOCKHOLDERSEQUI
According to the management of Dime Community Bancshares the reduction in the federal funds rate in response to the COVID-19 crisis will make the bank more profitable as the cost of funds declines.
True or false?
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Essentials of Econometrics
Authors: Damodar Gujarati, Dawn Porter
4th edition
73375845, 978-0071276078, 71276076, 978-0073375847
