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4. Suppose Bank Alpha has the following end-year 2016 balance sheet: Liabilities Assets Rate sensitive assets 50m Fixed rate assets 100m Total 150m F
4. Suppose Bank Alpha has the following end-year 2016 balance sheet: Liabilities Assets Rate sensitive assets 50m Fixed rate assets 100m Total 150m F Rate sensitive liabilities. 70m Fixed rate liabilities 80m Total 150m What is the change in profits if interest rates rise by 6%? a) 0m b) -7.2m c) -1.2m d) 7.2m
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Horngrens Financial and Managerial Accounting
Authors: Tracie L. Nobles, Brenda L. Mattison, Ella Mae Matsumura
5th edition
9780133851281, 013385129x, 9780134077321, 133866297, 133851281, 9780133851298, 134077326, 978-0133866292
