3. What kind of futures or options hedges would be called for in the following situations? a. Market interest rates are expected to increase and your financial firm's asset-liability managers expect to liquidate a portion of their bond portfolio to meet customers' demands for funds in the upcoming quarter. b. Your financial firm has interest-sensitive assets of $79 million and interest-sensitive liabilities of $88 million over the next 30 days, and market interest rates are expected to rise. c. A survey of Tuskee Bank's corporate loan customers this month (January) indi- cates that on balance, this group of firms will need to draw $165 million from their credit lines in February and March, which is $65 million more than the bank's management has forecasted and prepared for. The bank's economist has predicted a significant increase in money market interest rates over the next 60 days. d. Monarch National Bank has interest-sensitive assets greater than interest-sensitive liabilities by $24 million. If interest rates fall (as suggested by data from the Federal