Why even though interest rates increase and decrease by


Why even though interest rates increase and decrease by same percentage it will still result in the increase and decrease in profits amount to be difference? Example 100 bps increase lead to $500 increase in profit but 100bps decrease lead to $450 decrease in profit.

Solution Preview :

Prepared by a verified Expert
Finance Basics: Why even though interest rates increase and decrease by
Reference No:- TGS02891347

Now Priced at $10 (50% Discount)

Recommended (95%)

Rated (4.7/5)