(15) 5. Consider the following bank balance sheet (fixed rates and pure discount securities unless indicated otherwise). Interest rates on liabilities are 10 percent and on assets are 12 percent. Duration (years) Duration Assets Liabilities and Equitym (years) Super Now Checking Accounts (rates set daily) 6-Month Certificates of Deposit 3-Year Certificates of Deposit Total Liabilites Equity (E) Prime-Rate Loans (rates set daily) 50 1.0 100 0.5 3.0 40 25 165 10 2- Year Car Loans 651.0 607.0 30-Year Mortgages Total Assets 175