finanical Q?
Asset-liability management is the term where the maturity of an asset is similar to the time that the liability expires. Which of the following is not good asset-liability matching? (Points: 4)
A. Brand new quality car financed by a 5-year loan.
B.Retirement fund for a 35-year old containing commercial real estate.
C.Loan from a commercial bank to a corporate account for working capital funded by the bank's retail checking accounts (consumer's deposits in checking accounts).
D. re-financing a credit card, exclusively used for grocery purchases in the amount of ,431.49, by taking out a second mortgage on the consumer's home.
E. used car purchase financed by a 3-year car loan.
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One comment
mukwonago53149 on June 27, 2009 at 8:17 am
D