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Suppose a bank has agap of -$45 million dollars. If interest rates rise by 2%, then the change in profits is $ million. (Round your
Suppose a bank has a"gap" of -$45 million dollars. If interest rates rise by 2%, then the change in profits is $ million. (Round your response to the nearest wholenumber.)
Using durationanalysis, if abank's assets have an average duration of four years and the interest rate rises by 2%, then the percentage change in thebank's assets is estimated to be %. (Round your response to the nearest wholenumber.)
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