Change in the fi market value of equity

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Reference no: EM133121994

Use the following balance sheet information to answer this question.

 

Duration

Amount

T-bills

0.5

$ 500

T-notes

0.8

$ 50

T-bonds

4.5

$ 200

Loans

7

$3,000

Deposits

1

$2,750

Federal funds

0.01

$250

Equity

 

$750

If the entire yield curve shifted upward 0.15 percent (i.e., ΔR/(1 + R) = 0.0015), what is the change in the FI's market value of equity?  

Reference no: EM133121994

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