3. Dhaka Bank has assets with duration of 6.5 years and liabilities with duration of 3.0 years. This bank has $200 milli
Posted: Tue Jan 18, 2022 12:57 pm
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)