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7 (3.57 points) Sea Turtle Bancshares has duration of assets of 8, duration of liabilities of 5 years, assets of $830m, and liabilities of $700m.

7 (3.57 points) Sea Turtle Bancshares has duration of assets of 8, duration of liabilities of 5 years, assets of $830m, and liabilities of $700m. If interest rates fall from 8% to 5%, what is the estimated change in the market value of equity. $34.8m increase $9.4m decrease $19.7m decrease $87.2m increase

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