San Diego State University Finance Worksheet
Question Description
I’m working on a finance question and need an explanation and answer to help me learn.
Problem #1
You are the manager of Yihan Bank, and you worry because the income gap currently equals – $35 million and interest rates are expected to increase by 1.5%.
a) Determine the amount of rate-sensitive assets if rate sensitive liabilities are $467 million.
b) Calculate the change in bank income ($ amount) if interest rates do increase by 1.5%.
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