7. ABC Bank's balance sheet is listed below. Market yields are in parentheses, and amounts are in millions. Assets Liabilities and Equity Cash 20 Demand deposits 250 Fed funds (1.05%) 50 3-month CDs (4.2%) 120 3-month T-bills (5.25%) 50 6-month CDs (4.3%) 220 2-year T-notes (6.50%) 100 1-year CDs (4.5%) 375 8-year T-bonds (7.50%) 200 2-year CDs (5%) 425 5-year municipal bonds (floating rate, 8.20%, repriced in 6 months) 50 4-year CDs (5.5%) 330 6-month consumer loans (6%) 250 5-year CDs (6%) 350 1-year consumer loans (5.8%) 300 Fed funds (1%) 225 5-year car loans (7%) 150 Overnight repos (1.25%) 290 7-month C&I loans (5.8%) 200 6-month commercial paper (3%) 300 2-year C&I loans (floating rate, 5.15%, repriced in 6 months) 275 Subordinate notes: 3-year fixed rate (6.55%) 200 15-year mortgages (floating rate, 5.8%, repriced in 6 months) 140 Subordinated debt: 7-year fixed rate (7.25%) 100 15-year mortgages (floating rate, 6.1%, repriced in 1 year) 300 Total liabilities 3185 15-year mortgages (fixed rate, 7.85%) 300 Equity 400 30-year mortgages (floating rate, 6.3%, repriced in 1 quarter) 225 30-year mortgages (floating rate, 6.4%, repriced in 1 month) 355 30-year fixed-rate mortgages (8.2%) 400 Premises and equipment 20 Total assets 3585 Total liabilities and equity 3585 w O msi