A bank has $150 million in one-year loans earning a fixed rate equal to 4.75 percent. The assets are funded by $150 million in liabilities that have a cost of 4.25 percent and a maturity of three years. If all interest rates are projected to fall 100 basis points in year 2, what will be the bank's profit spread and dollar profit in the second year? Does this bank face refinancing risk or reinvestment risk? Explain.