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Bank of Ww reports an average asset duration of 10 years and an average liability duration of 6 years. In its latest financial report, the

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Bank of Ww reports an average asset duration of 10 years and an average liability duration of 6 years. In its latest financial report, the association recorded total assets of $1.7 billion and total liabilities of $1 billion. If interest rates began at 0.06 and then suddenly changed to 0.01, what change will occur in the value of Bank of Ww's net worth? (Enter the answer in billions and with 4 decimals, so if your answer is $1.1234 billion, enter 1.1234)

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