3. Dhaka Bank has assets with duration of 6.5 years and liabilities with duration of 3.0 years. This bank has $200 milli
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3. Dhaka Bank has assets with duration of 6.5 years and liabilities with duration of 3.0 years. This bank has $200 milli
3. Dhaka Bank has assets with duration of 6.5 years and liabilities with duration of 3.0 years. This bank has $200 million in assets and $180 million in liabilities. What should happen to this bank's net worth if interest rate goes up from 7 percent to 8 percent? (2)
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