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Question
What is the impact on the FI's equity of a 2 percent overall increase in market interest rates on all fixed-rate instruments?
A. Equity rises by $4.318 million.
B. Equity declines by $2.912 million.
C. Equity rises by $2.060 million.
D. Equity declines by $1.880 million.
E. Equity does not change.
Answer
This answer is hidden. It contains 312 characters.
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