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A bank has the following asset and liability portfolios. What is the gap? Rate sensitive Assets Rate sensitive Liabilities (in millions) ( in millions) Floating
A bank has the following asset and liability portfolios. What is the gap? Rate sensitive Assets Rate sensitive Liabilities (in millions) ( in millions) Floating rate loans $4,000 NOW accounts $1,750 Floating rate mortgages $1,000 MMDAs $4,500 Short term Treasury securities $1,500 Short term CDs $ 1,000 $6,500 $7,250
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