Problem 3 (4 points) Given the following data for Eastern Bank Limited (EBL), how much of EBL's net worth will change if the interest rate goes down 45bp from current interest rate of 9%? 3.2 Assets Duration $55m worth of 5 year commercial loans year $85m worth of 10 year 3% variable rate mortgage 8 year $60m worth of 15 year 5% fixed rate mortgage 12 year Duration Liabilities $30m checkable deposit paying 4% 7.50 year $50m savings deposit paying 3% 8.90 year $70m time deposit paying 3.5% 4 year