Question
Assuming rate sensitive assets and cate sensitive liabilities of COBA bank are $ 35 million and $41.5 million respectively, what will happen to Net Income
Assuming rate sensitive assets and cate sensitive liabilities of COBA bank are $ 35 million and $41.5 million respectively, what will happen to Net Income of the bank if interest rates change from 10 % to 12 %
A. +$0.23 million
B. +$0.13 million.
C. -$ 0.17 million.
D. -$ 0.13 million
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