The balance sheet of ARGH Insurance shows the following fixed and rate sensitive assets and liabilities.
What will be the FI's net interest income at year-end if interest rates do not change?
A) $3.20 million.
B) $5.39 million.
C) $4.04 million.
D) $1.89 million.
E) $1.35 million.
Correct Answer:
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