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Use the Following Table to Answer the Question

Question 55

Multiple Choice

Use the following table to answer the question :
Use the following table to answer the question :    -If interest rates rise by 5 percentage points,say from 10 to 15%,bank profits (measured using gap analysis) will A) decline by $0.5 million. B) decline by $1.5 million. C) decline by $2.5 million. D) increase by $2.0 million.
-If interest rates rise by 5 percentage points,say from 10 to 15%,bank profits (measured using gap analysis) will


A) decline by $0.5 million.
B) decline by $1.5 million.
C) decline by $2.5 million.
D) increase by $2.0 million.

Correct Answer:

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