Question
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)
Brand new quality car financed by a 5-year loan.
Retirement fund for a 35-year old containing commercial real estate.
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).
re-financing a credit card, exclusively used for grocery purchases in the amount of $1,431.49, by taking out a second mortgage on the consumer's home.
used car purchase financed by a 3-year car loan.
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=)
Brand new quality car financed by a 5-year loan.
Retirement fund for a 35-year old containing commercial real estate.
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).
re-financing a credit card, exclusively used for grocery purchases in the amount of $1,431.49, by taking out a second mortgage on the consumer's home.
used car purchase financed by a 3-year car loan.
Please note that <b>we don't do students' homework</b> for them. Our tutors try to give you the information to help you complete your assignment on your own. If there's not a tutor with this specialty online right now, be sure to go back into your textbook or use a good search engine. (http://www.sou.edu/library/searchtools/)
Once YOU have come up with attempted answers to YOUR questions, please re-post and let us know what you think. Then someone here will be happy to critique your work.
=)