Question: 6. If interest rates increase 75 basis points for an FI that has a gap of -$15 million, the expected change in net interest income

6. If interest rates increase 75 basis points for an FI that has a gap of -$15 million, the expected change in net interest income is

A. -$112,500.

B. +$112,500.

C. +$1,125,0000.

D. -$1,125,0000.

E. -$150,000.

7. If interest rates decrease 40 basis points (0.40 percent) for an FI that has a cumulative gap of -$25 million, the expected change in net interest income is

A. +$100,000.

B. -$100,000.

C. -$625,000.

D. -$250,000.

E. +$250,000.

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