Multiple Choice
Table 23.1
First National Bank
-Referring to Table 23.1,if interest rates rise by 5 percentage points,then 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 $1.5 million.
Correct Answer:

Verified
Correct Answer:
Verified
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