A Bank Has an Average Asset Duration of 2

A bank has an average asset duration of 2.25 years,the average duration of the liabilities is 1.25 years,and the bank has total assets of $2 billion and $200 million in equity. The bank has an ROE of 9.00 percent. If all interest rates decrease 50 basis points,the predicted change in the bank's market value of equity is ________.

A) −2.85 percent
B) −3.55 percent
C) 3.55 percent
D) 2.85 percent
E) 5.16 percent