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Bank of Greensil has liabilities of $5.6 million with an average maturity of two years paying interest rates of 4.0 percent annually. It has assets

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Bank of Greensil has liabilities of $5.6 million with an average maturity of two years paying interest rates of 4.0 percent annually. It has assets of $6.1 million with an average maturity of 5 years earning interest rates of 6.9 percent annually. What is the bank's net interest income in dollars in year 3, after it refinances all of its liabilities at a rate of 5.2 percent? Bank of Greensil has liabilities of $5.6 million with an average maturity of two years paying interest rates of 4.0 percent annually. It has assets of $6.1 million with an average maturity of 5 years earning interest rates of 6.9 percent annually. What is the bank's net interest income in dollars in year 3, after it refinances all of its liabilities at a rate of 5.2 percent

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