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The balance sheet of Key Bank ( KB ) has the following items ( all amounts are in $MM ) . On the Assets side,
The balance sheet of Key Bank KB has the following items all amounts are in $MM On the Assets side, it reports: year Consumer Loans$year Consumer Loans$month Tnotes$year Tbonds$ and year Floatingrate Mortgages adjusted every year$ On the Liabilities and Equity side, it reports: Passbook Savings$month CDs$month CDs$year Time Deposits$year Time Deposits$ and Equity Capital$ What is the impact over the next year on KBs net interest income if interest rates decrease by basis points?
A
$ million
B
$ million
C
$ million
D
$ million
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