Tutor profile: Hongrui S.
Subject: Basic Math
C(250,2) =250!/(2!(250−2)!) = 31125
What is the major risk need to be managed by financial institutions under current market environment? (2017)
The interest rate risk. The market values of assets and liabilities decrease as the interest rate increases. Therefore, financial institutions such as commercial banks need to constantly adjust and match the duration of assets and liabilities through different methods today.
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