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Not yet answered METO LUM Duration Book Value Market Value balance sheet has the following information: Assets ($) Liabilities ($) 9 110 100 Answer: 5

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Not yet answered METO LUM Duration Book Value Market Value balance sheet has the following information: Assets ($) Liabilities ($) 9 110 100 Answer: 5 90 75 Equity ($) 20 25 Suppose the current interest rate is 7.7% and the analyst team of the bank forecasts that interest rate will increase to 9.7% What is the expected change in the FI's net worth? (Please round your answer to two decimal places. i.e., if the answer is $8.145, enter 8.15; if the answer is -$8.145, enter -8.15)

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