Adjustable Rate Instruments Fixed Rate Instruments Current interest rates Assets $200 mil $400 mil 596 Liabilities $400 mil S100 mil You have been hired as a consultant by a book with the above asset and liability structure. Executive management of the bank has been reading financial websites that indicate market interest rates will rise in the next year by 1". They have hired you to estimate the impact on profits from the expected to in interest rates (Show your work) Calculate the change in profitability from a rise in interest rates