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exam2 study guide - Falling interest rates hurt bank...

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Treasury bill futures contract. . If price increases the buyer profits while the seller has lost an equal amount. *Inverse relationship between future prices and interest rates
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Unformatted text preview: Falling interest rates hurt bank when… RSA – RSL > 0 or DGAP < 0 Chapter 7 slide 89 will be on exam...
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This note was uploaded on 12/10/2011 for the course FIN 408 taught by Professor Staff during the Fall '11 term at Miami University.

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