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If the friendly finance company raises an additional 20

If the Friendly Finance Company raises an additional $20 million with commercial paper and uses the funds to make $20 million of consumer loans that mature in less than one year,what happens to its interest-rate risk? In this situation,

what additional changes could it make in its balance sheet to eliminate the income gap?

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Finance Basics: If the friendly finance company raises an additional 20

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Finance Basics: If the friendly finance company raises an additional 20

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