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How would I answer this question? How do i find the prevailing rates that are set by the federal reserve board? Also what is meant
How would I answer this question? How do i find the prevailing rates that are set by the federal reserve board? Also what is meant by asnalyzing my selected commercial banks historical profibilaty. My selected commercial bank is bank of america. How would I answer discussing how the rates affected my banks profitability? I can complete the chart but I don't understand the question
I am doing a final project on Bank of America. One of the question ask to
Access the prevailing rates set by the Federal Reserve Board.
- Prepare a chart and analyze your selected commercial bank's historical profitability with the Federal Reserve interest rates over the past five years
- Discuss how these rates affected your bank's profitability
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