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Business, 19.06.2020 00:57 ninjaerik4

$1,000 million (or $1 billion) in 10-year fixed-rate loans at 7%. $900 million in savings deposits with a floating interest rate currently at 3%. $100 million in equity. Calculate Net Interest Income if interest rates rise by 2%? $90 million $61 million $43 million $63 million

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