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Re: SC-savings [#permalink]
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.
GMAT Club Bot
Re: SC-savings [#permalink]
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