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answer please question 7-104 Use the following information to answer questions the next five (5) questions: 1 A bank has liabilities of $4 million with

answer please question 7-104
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Use the following information to answer questions the next five (5) questions: 1 A bank has liabilities of $4 million with an average maturity of two years paying interest rates of 4 percent annually. It has assets of $5 million with an average maturity of 5 years earning interest rates of 6 percent annually 7-103 To what risk is the bank exposed? Reinvestment risk b Refinancing risk Interest rate risk Answers A and C only. Answers B and C only. Answer E a c. d 7-104 What is the bank's net interest income for the current year? $300,000 b $140,000 $160,000 d $280,000 5 80,000 Answer B C

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