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3. Consider the following balance sheet for Watchover Savings Inc. (in millions): ( L 23-1) a. What is Watchover's expected net interest income at year-end?
3. Consider the following balance sheet for Watchover Savings Inc. (in millions): ( L 23-1) a. What is Watchover's expected net interest income at year-end? b. What will be the net interest income at year-end if interest rates rise by 2 percent? c. Using the one-year cumulative repricing gap model, what is the expected net interest income for a 2 percent increase in interest rates
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