1. If a bank had $13.2 million in their allowance for loan loss account at the beginning of a year, how much will be in the account at the end of the year if provisions for loan losses were $3.4 million and and net chargeoffs were 4.9?

Answer : $11.7 million

2. Long term interest rates rose 1 percentage point soon after the election of Donald Trump to the presidency. Which of the following best explains the rate increase?

Answer : the Fisher effect

3. New information that might lead to a decrease in a stock's price might be

Answer : an expected decrease in the level of future dividends.

I need explaination of all questions!!

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