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Consider the following balance sheet for WatchoverU Savings Inc. ($ In millions): Assets Floating-rate mortgage (eurrently 12 annually) 30-year fixed-rate loans (currently 9 annually) Liabilitios

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Consider the following balance sheet for WatchoverU Savings Inc. ($ In millions): Assets Floating-rate mortgage (eurrently 12 annually) 30-year fixed-rate loans (currently 9 annually) Liabilitios $ 69 NOW accounts (eprrently 8% annually) 69 Time deposita (currently 88 annually) 36 Equity 13 $138 Total $138 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 2 percent? (For all requirements, do not round Intermediate calculations. Enter your answers In milllons rounded to 2 decimal places. (e.g.. 32.16)) a. Net interest income million b. Net interest income million Prev 1 of 18 Next>

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