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Check my work Consider the following balance sheet for Watchover Savings Inc. ($ in millions): Assets Floating-rate mortgages (currently 12% annually) 3e-year fixed-rate loans (currently

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Check my work Consider the following balance sheet for Watchover Savings Inc. ($ in millions): Assets Floating-rate mortgages (currently 12% annually) 3e-year fixed-rate loans (currently 9% annually) $ 63 63 Liabilities NOW accounts (currently annually) Time deposits (currently 8% annually) Equity $83 26 17 $ 125 Total $ 126 a. What is Watchoveru's expected net interest income at year-end? b. What will be the net interest income at year-end if interest rates rise by 1 percent? (For all requirements, do not round intermediate calculations. Enter your answers in millions rounded to 2 decimal places. (e.g., 32.16) a. Net interest income b. Net interest income million million

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