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A bank has the following balance sheet (1 year planning period): Assets Rate sensitive Fixed rate Nonearning Total $550,000 755,000 265,000 $1,570,000 Liabilities/Equity Rate sensitive

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A bank has the following balance sheet (1 year planning period): Assets Rate sensitive Fixed rate Nonearning Total $550,000 755,000 265,000 $1,570,000 Liabilities/Equity Rate sensitive $375,000 Fixed rate 805,000 Nonpaying 390,000 Total $1,570,000 a. Calculate the bank's CGAP. b. Suppose interest rates rise by 0.4% on both assets and liabilities, what is the net interest income? c. Suppose interest rates rise by 0.45% on assets and 0.35% on liabilities, what is the net interest income

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