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a ) County Bank has the following Balance sheet: Cash $ 1 2 0 Demand Deposits $ 2 0 0 1 5 - yr ,

a) County Bank has the following Balance sheet:
Cash $120 Demand Deposits $200
15-yr,10% Loan 1605-yr,6% CD Balloon 210
30-yr,8% Bond 30020-yr,7% Debenture 120
Equity 50
Total Assets 580 Total Liab. And Equity. 580
Required;
i. Determine the maturity gap of this financial institution?
ii. What is the gap if all interest rates rise by 1%?(10mark)

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