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Question
The balance sheet of XYZ Bank appears below. All figures in millions of US Dollars.
Suppose that interest rates rise by 2 percent on both RSAs and RSLs. The expected annual change in net interest income of the bank is
A. -$300,000.
B. $500,000.
C. -$2,800,000.
D. -$3,000,000.
E. $300,000.
Answer
This answer is hidden. It contains 85 characters.
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