16. What is the impact on the bank's equity values if interest rates decrease 50 basis points? (That is, AR/(1+R) is equal to a decline of 50 basis points.) a. $2.9 million b. +$2.9 million c. -$6.25 million d. +$6.25 million e. -$125,000 16. What is the impact on the bank's equity values if interest rates decrease 50 basis points? (That is, AR/(1+R) is equal to a decline of 50 basis points.) a. $2.9 million b. +$2.9 million c. -$6.25 million d. +$6.25 million e. -$125,000