assume bank accepts a 6-month $20,000 rate sensitive deposit at a cost of 4.0% and...

90.2K

Verified Solution

Question

Accounting

image
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

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students