9. A financial institution has the following market value balance sheet structure. Assets Liabilities and Equity Cash $ 1000 Certificate of Deposit $ 10,000 Bond 10,000 Equity 1,000 Total $ 11,000 Total $ 11,000 The bond has a 10-year maturity, fixed coupon rate of 8% paid at the end of the year and a par value of $ 10,000. A certificate of deposit with maturity of 1 year at a 7% fixed rate of interest is the liability. Compute the next interest income at the end of Year 1. At the end of Year 1, if market interest rates increase by 1%, what is the net interest income of year 2 ? The bond value following the rate increase is $ 9,447 at the end of Year 1. What is the market value of equity for the bank