Multiple Choice
What is the bank's net interest income in dollars in year 3, after it refinances all of its liabilities at a rate of 6.0 percent?
A) -$60,000.
B) -$140,000.
C) +$140,000.
D) +$60,000.
E) +$800,000.
Correct Answer:

Verified
Correct Answer:
Verified
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