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Check my work 1 Consider the following balance sheet for Watchover Savings Inc. (in millions): 10 points Assets Floating-rate mortgages (currently 141 p.a.) 30-year fixed-rate

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Check my work 1 Consider the following balance sheet for Watchover Savings Inc. (in millions): 10 points Assets Floating-rate mortgages (currently 141 p.a.) 30-year fixed-rate loans (currently 11% p...) $ 84 102 Liabilities and Equity Now deposits (currently 10% p.a.) 5-year time deposits (currently 10% p.a.) Equity Total $117 27 Total $186 SIBG - Print a. What is Watchover's expected net interest income at year-end? (Enter your answer in millions rounded to 2 decimal places. (e.g., 32.16)) b. What will be the net interest income at year-end if interest rates rise by 2 percent? (Enter your answer in millions rounded to 2 decimal places. (e.g., 32.16)) c. Using the one-year cumulative repricing gap model, what is the change in the expected net interest income for a 2 percent increase in interest rates? (Negative amount should be indicated by a minus sign. Enter your answer in millions rounded to 2 decimal places. (e.g. 32.16)) References a. Net interest income bo Net interest income C. Change in net interest income million million million

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