The asset portfolio of Wakanda Bank has greater convexity than its liability portfolio, how changes in interest rate would affect the net

worth of the bank?

a. Both increases and decreases in interest rate decrease net worth.

) b. Increases in interest rate increase net worth but decreases in interest rate decrease net worth.

c. Both increases and decreases in interest rate increase net worth.

d. Increases in interest rate decrease net worth but decreases in interest rate increase net worth.

e. None or the above