Consider the following Balance Sheet for Evolve Commercial Bank (ECB) (in millions)

ASSETS			LIABILITIES
Floating rates mortgages	350		Demand deposits (currently 6% Annually)	250
30 years fixed rate loans (currently 10% annually)	250		1 year CD (currently 8% annually)	150
			Equity	200
	600			600

a. What is ECB expected net interest income (NII) at year end?

b. What is ECB expected net interest income at year end if interest rates increase by five percent (5%).

c. What is ECB expected net interest income at year end if interest rates grew by 300 basis points on assets but remain stable on liabilities.