The following information is from First Yaupon Savings Association.
If all interest rates decrease by 15 basis points, what is the expected impact on the FI's net interest income? (Hint: Use the repricing model to answer this question.)
A) +$150,000.
B) -$150,000.
C) -$750,000.
D) +$750,000.
E) No change.
Correct Answer:
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