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XYZ Bank has DA = 2.4 years and DL = 0.9 years. The bank has total equity of $82 million and total assets of $850 million. Currently, interest rates are at 6%.
-If interest rates increase 100 basis points the predicted dollar change in equity value will equal

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XYZ Bank has DA = 2.4 years and DL = 0.9 years. The bank has total equity of $82 million and total assets of $850 million. Currently, interest rates are at 6%.
-If interest rates increase 100 basis points the predicted dollar change in equity value will equal

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The Answer of Refer to the information below for questions 
XYZ Bank has DA = 2.4 years and DL = 0.9 years. The bank has total equity of $82 million and total assets of $850 million. Currently, interest rates are at 6%.
-If interest rates increase 100 basis points the predicted dollar change in equity value will equal

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