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If a bank invested $ 5 3 million in a two - year asset paying 1 0 percent interest per year and simultaneously issued a
If a bank invested $ million in a twoyear asset paying percent interest per year and simultaneously issued a $ million oneyear liability paying percent interest per year, what would be the impact on the bank's net interest income if at the end of the first year, all interest rates increased by percentage pointsInput the amount as a positive value. Do not round intermediate calculations.
Enter your answer in millions rounded to decimal places. eg
Net interest income will
by million.
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