Northpac Bank has $220 million of rate-sensitive assets and $250 million of rate-sensitive liabilities over 1-year...
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Northpac Bank has $220 million of rate-sensitive assets and $250 million of rate-sensitive liabilities over 1-year horizon. Suppose that interest rate rises by 7% on RSAS and by 2% on RSLS, what is the expected change in annual net interest income (NII) in $millions? (Please present your answer in terms of millions and round it to the nearest 2 decimal places. E.g. if your answer is 5,111,000, please insert 5.11.) Northpac Bank has $220 million of rate-sensitive assets and $250 million of rate-sensitive liabilities over 1-year horizon. Suppose that interest rate rises by 7% on RSAS and by 2% on RSLS, what is the expected change in annual net interest income (NII) in $millions? (Please present your answer in terms of millions and round it to the nearest 2 decimal places. E.g. if your answer is 5,111,000, please insert 5.11.)
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Related Book For
Principles of Corporate Finance
ISBN: 978-1259144387
12th edition
Authors: Richard Brealey, Stewart Myers, Franklin Allen
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