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Novel Bank's average rates on assets and liabilities currently are RA = 5% and RL = 3%. Suppose rates go up, so that RA=2% and
Novel Bank's average rates on assets and liabilities currently are RA = 5% and RL = 3%. Suppose rates go up, so that RA=2% and RL=1%. What will the change in asset values, A, equal because of this increase in rates?12.7 -21.2 -22.9 -18.4 21.2
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