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Lenders often make heavy use of interest-rate floors to protect their earnings when: a. When interest rates appear to be most volatile Interest rates are
Lenders often make heavy use of interest-rate floors to protect their earnings when:
a. When interest rates appear to be most volatile
- Interest rates are falling
- There is considerable uncertainty about the direction in which market rates may move
- Both (a) and (c)
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Financial Institutions Management A Risk Management Approach
Authors: Anthony Saunders, Marcia Cornett, Otgo Erhemjamts
10th Edition
1260013820, 978-1260013825
