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Based on your calculations from questions 3 and 5 , now calculate the total change in value of the bank's 3 year consumer loans (
Based on your calculations from questions and now calculate the total change in value of the bank's year consumer loans Asset and the change in total value of the bank's year CD Liability if yields to maturity interest rates increase by for both these two accounts. When calculating the modified duration assume all payments are made yearly for both the year loans and the year CD Assume that the book value amount shown on the balance sheet of the year consumer loans is $ and the current book value for year CD is $
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