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What is CECB expected net interest income at year end if interest rates fell by seven percent (7%). (1 mark) 120 110 ASSETS Floating rate
What is CECB expected net interest income at year end if interest rates fell by seven percent (7%). (1 mark)
120 110 ASSETS Floating rate mortgages (currently 14% annually) 30 years fixed rate loans (currently 9% annually) LIABILITIES Demand deposits (currently 5% annually) 1 year CD (currently 8% annually) Equity 50 80 40 200 200 120 110 ASSETS Floating rate mortgages (currently 14% annually) 30 years fixed rate loans (currently 9% annually) LIABILITIES Demand deposits (currently 5% annually) 1 year CD (currently 8% annually) Equity 50 80 40 200 200
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