Saine savings banks have to use short term deposits to

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Saine savings banks have to use short term deposits to [#permalink]

03 Jun 2005, 13:03

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Saine savings banks have to use short term deposits to finance long term fixed-rate mortgage loans, they sometimes lose money [u]when there is a rise in short term rates and on the other hand, they are unable to raise [/u]the rates on their mortgages.

a)
b)when short -term rates rise and they are unable to raise
c)when a raise in short -term rates occurs and correspondingly, there is no rise possible in
d)with a rise in short -term rates , and they are unable to raise
e)with short -term rates on the rise and no rise possible in

Explantions please.

Best.

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Re: SC-savings [#permalink]

03 Jun 2005, 21:06

HIMALAYA wrote:

I go with B.

Isnt "they" in option B having antecedent problems??

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Re: SC-savings [#permalink]

03 Jun 2005, 21:22

gmat2me2 wrote:

HIMALAYA wrote:

I go with B.

Isnt "they" in option B having antecedent problems??

we already have they. lets see:

Saine savings banks have to use short term deposits to finance long term fixed-rate mortgage loans, they sometimes lose money when there is a rise in short term rates and on the other hand, they are unable to raise the rates on their mortgages.

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Re: SC-savings [#permalink]

03 Jun 2005, 23:31

doloris wrote:

Saine savings banks have to use short term deposits to finance long term fixed-rate mortgage loans, they sometimes lose money when there is a rise in short term rates and on the other hand, they are unable to raise the rates on their mortgages.

a)
b)when short -term rates rise and they are unable to raise
c)when a raise in short -term rates occurs and correspondingly, there is no rise possible in
d)with a rise in short -term rates , and they are unable to raise
e)with short -term rates on the rise and no rise possible in

Explantions please.

Best.

I vote for B.

A - verbose , "on the other hand"
C - passive
D and E - sometimes lost money "with" won't work,when should.

HMTG.

Re: SC-savings [#permalink] 03 Jun 2005, 23:31

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Saine savings banks have to use short term deposits to

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