cash flows for the swap arrangement.

million in CDs with a variable rate of T$-$bill rate plus $3$ pilt $$200$ million of mortgages with a fixed rate of $13$ percent. They are financed with

a$.$ Discuss the type of interest rate risk $(LG10-7)$

b$.$ Propose a swap that faces.

result in each institution having the same type of asset and liability cash flows