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Question 23 (5 points) For a bank that funds its fixed-rate loans with floating rate deposits whose cost varies with a the 3-month LIBOR, it

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Question 23 (5 points) For a bank that funds its fixed-rate loans with floating rate deposits whose cost varies with a the 3-month LIBOR, it can magnify its strategic interest rate exposure by entering into a plain vanilla interest rate swap where it receives the fixed-rate and pay the floating rate. True False

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