1. Your bank has the following balance sheet Assets Liabilities Rate-sensitive$350 million Rate-sensitive $ 580 million Fixed-rate $650 million Fixed-rate $ 320 million Equity capital $ 100 million The bank's assets have an average duration of 6 years and its liabilities have an average duration of 4 years. Conduct a duration analysis for the bank, and show what will happen to the net worth of the bank if interest rates rise by 2 percent. What actions should you take to manage the bank's interest rate risk? (6 points)