Petri Bank had interest revenues of $70 million last year and $30 million in interest expenses. About $300 million of Petri's $800 million in assets are rate-sensitive, while $600 million of its liabilities are rate-sensitive. Petri Bank's gap ratio is ____ percent.
A) 37.5
B) 50.0
C) 100.0
D) 40.0
Correct Answer:
Verified
Q3: Other things equal, assets with shorter maturities
Q7: Petri Bank had interest revenues of $70
Q9: Other things being equal assets with _
Q11: Each bank may have its own classification
Q12: During a period of rising interest rates,
Q13: Which of the following statements is incorrect?
A)
Q14: Banks can resolve cash deficiencies by
A) creating
Q15: For most banks, the average duration of
Q18: The duration of zero-coupon bonds will be
Q20: Banks are more liquid as a result
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents