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Use the Following Bank Information for Questions

Question 8

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Use the following bank information for questions
Use the following bank information for questions     -If interest rates rise 1% for all assets and liabilities, what is the approximate expected change in the economic value of equity? A) -$2.56 B) $5.84 C) -$5.84 D) $22.19 E) -$22.19
-If interest rates rise 1% for all assets and liabilities, what is the approximate expected change in the economic value of equity?


A) -$2.56
B) $5.84
C) -$5.84
D) $22.19
E) -$22.19

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