On May 27, 2020, a Financial Institution borrowed $45 million using a 2-year CD (requiring 8% interest payments every year). This $45 million and the equity was then used by the financial institution to make a 3 year C&I loan of $50 million (requiring 10% interest payments every year). The yield curve is such that yield for 2-year CD, and 3-year C&I loan are 8%, and 10% respectively. On May 27, 2020, due to COVID, Banxico announced a decrease in interest rate which caused a downward parallel shift in the yield curve by 1%. What is the change in market value of the FIs equity? A. Increase in equity by $0.6 million, B. Decrease in equity by $5.6 million, C. Increase in equity by $0.46 million, D. Decrease in equity by $0.6 million, E. Decrease in equity by 40.46 million