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Suppose That Interest Rates Rise by 2 Percent on Both

Question 102

Multiple Choice

Suppose that interest rates rise by 2 percent on both RSAs and RSLs.The expected annual change in net interest income of the bank is


A) -$300,000.
B) $500,000.
C) -$2,800,000.
D) -$3,000,000.
E) $300,000.
[Reference: 8-84]

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