Suppose That Interest Rates Rise by 2 Percent on Both

question 102

Multiple Choice

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.
• [Reference: 8-84]

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