PLEASE ITS URGENT, PLEASE ITS URGENT

On May 26, 2021, a Financial Institution borrowed $45 million using a 2-year maturity CD (requiring 8% interest payments every year and at a yield of 8%).

This $45 million and the equity was then used by the financial institution to make a 3-year maturity C&I loan of $50 million (requiring 10% interest payments every year and at a yield of 10%).

(After the borrowing and lending) Later on May 26, 2021, 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. Decrease in equity by $0.46 million

B. Increase in equity by $0.53 million

C. Increase in equity by $0.46 million

D. Increase in equity by $0.09 million

E. Decrease in equity by $0.09 million