8-10 When a Bank's Repricing Gap Is Positive,net Interest Income

question 63

True/False

8-10 When a bank's repricing gap is positive,net interest income is positively related to changes in interest rates.

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Definitions:

Interest Earned

The amount of money gained as profit from an investment over a certain period of time.

Account

A record summarizing all the transactions pertaining to a single item in the financial statements.

Days

The basic unit of time, equal to 24 hours, used to measure duration from one midnight to the next.

Interest Earned

The amount of money made on an investment over a certain period of time due to interest.