8-100 What is the effect on the value of the FI's equity if interest rates decrease by 1 percent?
A)Gain of $0.6968 million.
B)Gain of $0.30 million.
C)Loss of $1.6212 million.
D)No change in equity.
E)Loss of $0.6048 million.

Question

Quizplus · Accepted Answer

The Answer of 8-100 What is the effect on the value of the FI's equity if interest rates decrease by 1 percent?
A)Gain of $0.6968 million.
B)Gain of $0.30 million.
C)Loss of $1.6212 million.
D)No change in equity.
E)Loss of $0.6048 million.

8-100 What Is the Effect on the Value of the FI's