Why do commercial banks focus on relatively short-term loans? - b/ short term loans allow rapid turnover of cash flows - a/ short-term loans are safer - a,b, and c - c/ these banks need to coordinate their portfolio with changes in economic conditions and the level of interest rates - b and c
Why do commercial banks focus on relatively short-term loans? - b/ short term loans allow rapid turnover of cash flows - a/ short-term loans are safer - a,b, and c - c/ these banks need to coordinate their portfolio with changes in economic conditions and the level of interest rates - b and c
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Give typing answer with explanation and conclusion
Q. 23 Why do commercial banks focus on relatively short-term loans?
- b/ short term loans allow rapid turnover of cash flows
- a/ short-term loans are safer
- a,b, and c
- c/ these banks need to coordinate their portfolio with changes in economic conditions and the level of interest rates
- b and c
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