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The following financial statement is for the current year. From the past, you know that 10% of fixed- rate mortgages prepay each year. You also

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The following financial statement is for the current year. From the past, you know that 10% of fixed- rate mortgages prepay each year. You also estimate that 10% of checkable deposits and 20% of savings accounts are rate sensitive. What is the current Income GAP for Second National Bank? What will happen to the bank 's current net interest income if rates fall by 75 basis points

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