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Rockets Bank has a gap of -39 million dollars. According to the banks analyst, interest rates are going up in the future. To accommodate this
Rockets Bank has a gap of -39 million dollars. According to the banks analyst, interest rates are going up in the future. To accommodate this situation Rockets decided to increase the number of short-term loans by 5 million dollars. If interest rates rise from 3% to 6%, what is the expected change in income? For example, if the expected change in income is 1.2 million dollars,
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