Assets Floating-rate mortgages (currently 12% p.a.) 30-year fixed-rate loans (currently 9% p.a.) $ 96 188...

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Assets Floating-rate mortgages (currently 12% p.a.) 30-year fixed-rate loans (currently 9% p.a.) $ 96 188 Liabilities and Equity Now deposits (currently 8% p.a.) 5-year time deposits (currently 8% p.a.) Equity Total $123 38 Total $264 $284 a. What is Watchover's expected net interest income at year-end? (Enter your answer in millions rounded to 2 decimal places. (e.g.. 32.16)) b. What will be the net interest income at year-end if interest rates rise by 3 percent? (Enter your answer in millions rounded to 2 decimal places, (e.g. 32.16)) c. Using the one-year cumulative repricing gap model, what is the change in the expected net interest income for a 3 percent increase in interest rates? (Negative amount should be indicated by a minus sign. Enter your answer in millions rounded to 2 decimal - places. (e.g. 32.16)) a b Net interest income Net interest income Change in net interest income million million milion C

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