The Change in a Financial Institution's __________________ Is Equal to Difference

question 64

Short Answer

The change in a financial institution's __________________ is equal to difference between the average duration of assets times the change in the interest rate divided by (1+ original discount rate)times the dollar amount of total assets and the average duration of liabilities times the change in the interest rate divided by 1+ original discount rate times the dollar amount of total liabilities.

---

Definitions:

January

The first month of the year in the Gregorian calendar, often associated with new beginnings and resolutions.

Budget

A detailed plan for the future that is usually expressed in formal quantitative terms.

Donations

Voluntary gifts of money or other resources given to organizations or individuals without expectation of return.

Shipping Container Refurbishment

The process of repairing and modifying used shipping containers for a new purpose.