assume bank accepts a 6-month $20,000 rate sensitive deposit at a cost of 4.0% and invest in a $30,000 6-month t-bill rate of 4.50%. what is the bank's 6- month gap ratio? 12:33 PM
assume bank accepts a 6-month $20,000 rate sensitive deposit at a cost of 4.0% and invest in a $30,000 6-month t-bill rate of 4.50%. what is the bank's 6- month gap ratio? 12:33 PM
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
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![assume bank accepts a 6-month
$20,000 rate sensitive deposit at a cost
of 4.0% and invest in a $30,000 6-month
t-bill rate of 4.50%. what is the bank's 6-
month gap ratio?
12:33 PM](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fccedd13c-638c-49c2-b858-5c796f403256%2Fc3878dd9-eace-48b9-b3dc-ae7167b644a2%2Fpbqq2v_processed.jpeg&w=3840&q=75)
Transcribed Image Text:assume bank accepts a 6-month
$20,000 rate sensitive deposit at a cost
of 4.0% and invest in a $30,000 6-month
t-bill rate of 4.50%. what is the bank's 6-
month gap ratio?
12:33 PM
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