question archive Explain in your own words how a commercial bank's asset transformation function implies greater exposure to the risk of interest rate changes, making sure you make use of the concept of duration in your answer

Explain in your own words how a commercial bank's asset transformation function implies greater exposure to the risk of interest rate changes, making sure you make use of the concept of duration in your answer

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Explain in your own words how a commercial bank's asset transformation function implies greater exposure to the risk of interest rate changes, making sure you make use of the concept of duration in your answer.

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