Hadbucks National Bank Current Balance Sheet Appears Below

question 70

Multiple Choice

Hadbucks National Bank current balance sheet appears below. All assets and liabilities are currently priced at par and pay interest annually.

-What is market value of the ten-year loan if all market interest rates increase by 2 percent?

• A)$40.000 million.
• B)$44.916 million.
• C)$37.830 million.
• D)$42.356 million.
• E)$35.827 million.

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Definitions:

Highly Superior Autobiographical Memory

An extraordinary ability to recall one's personal past events in great detail.

Amnesia

Partial or total loss of memory.

Implicit Memory

A type of memory that is unconsciously and effortlessly retrieved, affecting thoughts and behaviors, including skills and conditioned responses.

Explicit Memory

Conscious memory: subjects can retrieve an item and indicate that they know the retrieved item is the correct one.