18. If the manager of the First National Bank revises the estimate of the percentage of fixed-rate...

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18. If the manager of the First National Bank revises the estimate of the percentage of fixed-rate mort- gages that are repaid within a year from 20% to 10%, what will be the revised estimate of the inter- est-rate risk the bank faces? What will happen to profits next year if interest rates fall by 2 percent- age points?

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