1.An example of refinancing risk is a case in which an FI:

		funds 2-year maturity assets with 1-year maturity liabilities
		funds 1-year maturity assets with 2-year maturity liabilities
		funds 2-year maturity assets with 2-year maturity liabilities
		None of the listed options are correct

2.Using the duration gap to measure the change in an FI's net worth in case of large interest rate shocks:

		produces exact results
		only produces exact results if interest rates change instantaneously
		produces approximate results only due to concavity
		produces approximate results only due to convexity