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    Business
  3. Study Set
    Principles of Corporate Finance
  4. Exam
    Exam 26: Managing Risk
  5. Question
    If a Bank Is Asked to Quote a Rate on a One-Year
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If a Bank Is Asked to Quote a Rate on a One-Year

Question 34

Question 34

True/False

If a bank is asked to quote a rate on a one-year loan one year from today and the current interest rate on a one-year loan is 7% and a two-year loan is 8%,it should quote 9%.

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