Dura=2.7 years,Durl=1.03 years, i-rates decrease from 4% to 3%, total assets=$100million and total liabilities=$95million, calculate the change
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Question:
Dura=2.7 years,Durl=1.03 years, i-rates decrease from 4% to 3%, total assets=$100million and total liabilities=$95million, calculate the change in net worth.
Select one:
a.1.7215 %
b.$1.7215 M
c.- $1.7215 M
d.- 1.7215 %
Expert Answer:
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