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A bank has a 1-year $1,200,000 loan outstanding, payable in twelve equal monthly installments. What dollar amount of the loan would be considered rate sensitive

A bank has a 1-year $1,200,000 loan outstanding, payable in twelve equal monthly installments. What dollar amount of the loan would be considered rate sensitive in the 0 60 day bucket?

1)

$0

2)

$1,200,000

3)

$250,000

4)

$100,000

5)

$200,000

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