Question

SI profitability declined in the mid-2000s due to
I. the yield curve becoming more positively sloped.
II. decreases in the NIM ratio.
III. increases in the NIM ratio.
IV. the yield curve becoming flatter and even inverted.
A. I and II only
B. II and III only
C. II and IV only
D. III and IV only
E. I and III only

Answer

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