The duration of the assets of your bank is 5.3 years and the duration of your liabilities is 2.1 years. Your bank has $320,000 in assets, $300,000 in liabilities and $20,000 million in equity. Suppose the current fed funds rate is 2% and the Fed decides to increase interest rate by 50 basis points. What is the change in your banks net worth?

-522.55

5,225.49

-4,800

4,800

None of the above