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4. Suppose Fraser Bank's rate-sensitive assets are $Tom securities, and its rate-sensitive liabilities are $25m chequable deposits. What will happen to its profit if the

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4. Suppose Fraser Bank's rate-sensitive assets are $Tom securities, and its rate-sensitive liabilities are $25m chequable deposits. What will happen to its profit if the interest rate changes from 4% to 2%? Show your calculation

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