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Question
A bank's cumulative GAP:a. is defined as the dollar amount of rate-sensitive assets divided by the dollar amount of rate-sensitive liabilities.
b. is defined as the dollar amount of earning assets divided by the dollar amount of total liabilities.
c. compares rate-sensitive assets with rate-sensitive liabilities across all time buckets.
d. compares rate-sensitive assets with rate-sensitive liabilities across a single time bucket.
e. compares the dollar amount of earning assets times the average liability interest rate.
Answer
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Related questions
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b. A Lubbock County general obligation bond to build a new sewer plant.
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