14.The manager for Tyler Bank and Trust has the following assets to manage: Value Duration (in years) Asset Liability Value Duration (in years) Bonds 115,000,000 9.00 Demand Deposits 690,000,000 1.00 Consumer Loans 0.50 345,000,000 2.00 Saving Accounts ?? Commercial Loans 575,000,000 5.00 If the manager wants a duration gap of 3.00, what level of Saving Accounts should the bank raise? Assume that any difference between assets and liabilities is held as cash (duration = 0). 14.The manager for Tyler Bank and Trust has the following assets to manage: Value Duration (in years) Asset Liability Value Duration (in years) Bonds 115,000,000 9.00 Demand Deposits 690,000,000 1.00 Consumer Loans 0.50 345,000,000 2.00 Saving Accounts ?? Commercial Loans 575,000,000 5.00 If the manager wants a duration gap of 3.00, what level of Saving Accounts should the bank raise? Assume that any difference between assets and liabilities is held as cash (duration = 0)