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Suppose that rate-sensitive assets (RSAs) equal rate-sensitive liabilities (RSLs) equal 200 million. If rates rise by 1.5 percent on RSAs and by 1.2 percent on

Suppose that rate-sensitive assets (RSAs) equal rate-sensitive liabilities (RSLs) equal 200 million. If rates rise by 1.5 percent on RSAs and by 1.2 percent on RSLs, the resulting change in net interest income is:

a.

+0.48 million

b.

+0.60 million

c.

+1.20 million

d.

+2.00 million

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