Question
Which of the following is NOT a way to shorten asset duration? a. Buy short-term securities and sell long-term securities b. Make floating-rate loans and
Which of the following is NOT a way to shorten asset duration? a. Buy short-term securities and sell long-term securities b. Make floating-rate loans and sell fixed-rate loans c. Issuing longer-term CD's d. All of the above are ways to shorten asset duration
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Financial Markets And Institutions
Authors: Jeff Madura
9th Edition
1439038848, 978-1439038840
