Assets Market Value Cash $150.00 Loans $600.00 T-Bond $450.00 Total $1,200.00 O $0.00 O $7.95 O-$7.95 $22.69 Rate O -$22.69 6.00% 3.00% Duration (Years) Liabilities and Equity Time Deposits CDs 2.75 8.50 Equity Total If interest rates rise by 1% for all assets and liabilities, what is the approximate expected change in the economic value of equity? Market Value $750.00 $400.00 $50.00 $1,200.00 E7 Rate 2.25% 1.50% Duration (Years) 1.75 4.50