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(TCO E amp; F) A bank has a positive repricing gap and estimates that the spread between RSAs and RSLs will move directly with interest rates. If...
(TCO E & F) A bank has a positive repricing gap and estimates that the spread between RSAs and RSLs will move directly with interest rates. If interest rates fall the bank's overall NII will _____.
rise
fall
necessarily be unchanged
rise, or fall, depending on the size of the spread affect relative to the size of the CGAP effect