Question: Suppose DA = 5 years, DL = 3 years and rates are expected to rise from 1 0 % to 1 1 % on liabilities

Suppose DA =5 years, DL =3 years and rates are expected to rise from 10% to 11% on liabilities and rise from 10% to 11.5% on assets. Also, A =100, L =90, and E =10. Find \Delta E. Also show the changes in the balance sheet.

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