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Question
The balance sheet of ARGH Insurance shows the following fixed and rate sensitive assets and liabilities.
Suppose short-term interest rates increase by 1 percent. Calculate the change in net interest income after the interest rate increase.
A. $50,000.
B. $18,900.
C. $40,400.
D. $53,900.
E. $32,000.
Answer
This answer is hidden. It contains 190 characters.
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