Answered: assume bank accepts a 6-month $20,000…

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

EBK CONTEMPORARY FINANCIAL MANAGEMENT

14th Edition

ISBN:9781337514835

Author:MOYER

Publisher:MOYER

Chapter16: Working Capital Policy And Short-term Financing

Section: Chapter Questions

Problem 17P

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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

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