Calculating and Using Duration GAP State Bank's balance sheet is listed below. Market yields and durations (in years) are in parenthesis, and amounts are in millions. a. What is State Bank's duration gap? (Compute DA,DL, Duration Gap) b. Use these duration values to calculate the expected change in the value of the assets and liabilities of State Bank for a predicted increase of 1.5 percent in interest rates. Here, changes in y( i.e., y)=1.5% increase c. What is the change in equity value forecasted from the duration values for a predicted increase in interest rates of 1.5 percent? TIP: It would be best if you computed MVA,MVL, and then MVE=MVAMVL; estimate each individual asset's market value change and adding them up would give you MVA. Use P formular above. d. Use the duration gap model to calculate the change in equity value if the relative change in all market interest rates is an increase [y/(1+y)] of 1.5%. (Assume that annual coupon payment, i.e., n=1 )