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FIN333 bank issued 100 million baht of 1-year maturity floating-rate note, which is repriced every three months at the 3-month Bank of Thailand bond rate

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FIN333 bank issued 100 million baht of 1-year maturity floating-rate note, which is repriced every three months at the 3-month Bank of Thailand bond rate plus 2 percent. The Fl can hedge its exposure to interest rate by interest rate futures. decreases, selling increases, selling decreases, buying increases, buying

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