Question
Wyoming Bank has $2 million in rate-sensitive liabilities and $3 million in rate sensitive assets. Durango's gap is____, and Durango is probably more concerned about
Wyoming Bank has $2 million in rate-sensitive liabilities and $3 million in rate sensitive assets. Durango's gap is____, and Durango is probably more concerned about a(n) ____ in interest rates.
a. -$1 million; increase
b. -$1 million; decrease
c. $1 million; increase`
d. $1 million; decrease
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National Finance A Chinese Perspective
Authors: Yunxian Chen, Heming Yong
1st Edition
9813360917, 978-9813360914
