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If a bank has a duration gap of 4.0 years, and interest rates increase from 6% to 8%, what is the change in the dollar

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If a bank has a duration gap of 4.0 years, and interest rates increase from 6% to 8%, what is the change in the dollar value of equity (assume that assets are $1 billion)? +64 million O -64 million O-75.4 million +$75.4 million +$55.2 million

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