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ABC bank has variable rate assets of 249 and variable rate liabilities of 530 million. If interest rates rise by 1.1%, what will be the
ABC bank has variable rate assets of 249 and variable rate liabilities of 530 million. If interest rates rise by 1.1%, what will be the change in ABC's profits? (Give your answer signed, rounded to two decimal places, and in millions; e.g, -7.46 for a decrease of 7.46 million)
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