A bank manager is worried because the income gap currently equals ($35) million and interest rates are
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A bank manager is worried because the income gap currently equals −\($35\) million and interest rates are expected to increase by 1.5%. Determine the amount of rate-sensitive assets if rate sensitive liabilities are \($467\) million. Calculate the change in bank income if interest rates increase by 1.5%.
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Financial Markets And Institutions
ISBN: 9780138043681
10th Edition
Authors: Frederic S Mishkin, Stanley Eakins
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