CALCULATING AND USING REPRICING AND 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 repricing gap if the plan- e. Use these duration values to calculate the ning period is six monthsi one year? expected change in the value of the assets and b. What is State Bank's duration gap? liabilities of State Bank for a predicted decrease c. What is the impact over the next six months of 0.35 percent in interest rates on assets and on net interest income if interest rates on RSAs 0.50 percent on liabilities. increase 50 basis points and on RSLs increase 35 f. What is the change in equity value forebasis points Explain the results. casted from the duration values for decrease of d. What is the impact over the next year on 0.35 percent in interest rates on assets and net interest income if interest rates on RSAs 0.50 percent on liabilities? decrease (increase) 35 basis points and on RSLs 8. Use the duration gap model to calculate the change decrease (increase) 50 basis points? Explain the in equity value if the relative change in all market results. interest rates is a decrease of 50 busis points