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Consider the following balance sheet for Watchover Savings incorporated (in millions) Assets Floatingrate nortgages. (currently. 13x ger anaua) 3e-year fixed-rate loans (currently 15x per annirn)

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Consider the following balance sheet for Watchover Savings incorporated (in millions) Assets Floatingrate nortgages. (currently. 13x ger anaua) 3e-year fixed-rate loans (currently 15x per annirn) 5 bit Nou deposits (eurrently or and Equaty Total 118 S-year tine deposits (currently ox per annus) Equity S.15a Total 5.3212551911 a. What is Watchover's expected net interest income at year-end? (Enter your answer in millions rounded to 2 decinal places. (e.9., -32.16)) b. What will be the net interest income at year-end if interest rates rise by 1 percent? (Einter your answer in mililons rounded to 2 decimal places. ( e.g. 32.161) c. Using the one-year curmulative repricing gap modet, what is the change in the expected net interest income for a 1 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)) \begin{tabular}{|l|l|l|l|} \hline a. & Net intereat income & & million \\ \hline b. & Net interest income & & mithign \\ \hline e. & Change in net indereat income & million \\ \hline \end{tabular}

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