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A bank has an interest rate spread of 150 basis points on $30 million in earning assets funded by interest-bearing liabilities. However, the interest rate

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A bank has an interest rate spread of 150 basis points on $30 million in earning assets funded by interest-bearing liabilities. However, the interest rate on its assets is fixed and the interest rate on its liabilities is variable. If all interest rates go up 50 basis points, the bank's new pretax net interest income will be Select one: a. increased by $150,000 b. $450,000 Oc decreased by $150,000 d. decreased by $100,000 e decreased by $50,000 A bank has an interest rate spread of 150 basis points on $30 million in earning assets funded by interest-bearing liabilities. However, the interest rate on its assets is fixed and the interest rate on its liabilities is variable. If all interest rates go up 50 basis points, the bank's new pretax net interest income will be Select one: a. increased by $150,000 b. $450,000 Oc decreased by $150,000 d. decreased by $100,000 e decreased by $50,000

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