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Refer to the handout Banking Fundamentals, specifically the sections entitled Evaluating bank performance and Asset liability management. List the ways this approach to evaluating a

  1. Refer to the handout Banking Fundamentals, specifically the sections entitled Evaluating bank performance and Asset liability management. List the ways this approach to evaluating a bank is different from the profit maximization method presented by White (the six equimarginal conditions). (Two points each for difference up to 12 points).

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