8-77 Suppose Short-Term Interest Rates Increase by 1 Percent

question 35

Multiple Choice

8-77 Suppose short-term interest rates increase by 1 percent.Calculate the change in net interest income after the interest rate increase.

• A)$50,000.
• B)$18,900.
• C)$40,400.
• D)$53,900.
• E)$32,000.

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