Assets Annual Rate Liabilities Annual Rate Amount (S millions) $40 12-year loans 3-year loans Amount (S millions) S60 $30 S10 $100 3-year CD 5-year term deposit Equity Total S60 Total $100 8. What is the change in the value of its assets if all interest rates decrease by 1 percent? A. Approximately $1.613 million. B. Approximately $2.297 million. C. Approximately -$1.937 million. D. Approximately $2.209 million. E. Approximately $2.524 million. 9. What is the change in the value of its liabilities if all interest rates decrease by 1 percent? A. Approximately $2.003 million. B. Approximately -$2.355 million. C. Approximately $2.697 million. D. Approximately $2.906 million. E. Approximately $3.211 million. 10. What is the effect on the value of the FI's equity if interest rates decrease by 1 percent? A. Gain of $0.697 million. B. Gain of $0.338 million. C. Loss of $1.622 million. D. No change in equity. E. Loss of $0.605 million. Assets Annual Rate Liabilities Annual Rate Amount (S millions) $40 12-year loans 3-year loans Amount (S millions) S60 $30 S10 $100 3-year CD 5-year term deposit Equity Total S60 Total $100 8. What is the change in the value of its assets if all interest rates decrease by 1 percent? A. Approximately $1.613 million. B. Approximately $2.297 million. C. Approximately -$1.937 million. D. Approximately $2.209 million. E. Approximately $2.524 million. 9. What is the change in the value of its liabilities if all interest rates decrease by 1 percent? A. Approximately $2.003 million. B. Approximately -$2.355 million. C. Approximately $2.697 million. D. Approximately $2.906 million. E. Approximately $3.211 million. 10. What is the effect on the value of the FI's equity if interest rates decrease by 1 percent? A. Gain of $0.697 million. B. Gain of $0.338 million. C. Loss of $1.622 million. D. No change in equity. E. Loss of $0.605 million