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question 45

Multiple Choice

Refer to the information below for questions
Formosa Independence Bank has the following balance sheet:

-If all interest rates on the two sides of balance sheet decline by 65 basis points, when other things are equal, what is the change in net interest income for Formosa Independence Bank over the year?

• A) $0
• B) $1,400,000
• C) -$1,400,000
• D) $1,592,500
• E) -$1,592,500

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Definitions:

Sense of Achievement

The feeling or satisfaction one experiences upon meeting a goal, completing a task, or accomplishing something of value.

Recognition

The acknowledgment of someone's achievement, effort, or qualities by others.

Need for Personal Power

A psychological drive or motivation for individuals to gain influence or control over others and their environment.

Managerial Leadership

The process of influencing others to understand and agree about what needs to be done and how to do it, and the process of facilitating individual and collective efforts to accomplish shared objectives.