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a. Using the data for Last Bank and Trust given above, calculate the bank's periodic and cumulative GAP positions over various time buckets ( 0

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a. Using the data for Last Bank and Trust given above, calculate the bank's periodic and cumulative GAP positions over various time buckets ( 0 - 1 year, over 1 year.) ( 10 points) b. What impact would a 1.5 percent increase in rates have on the bank's net interest income? Explain both numerically as well as verbally. (5 points)

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