Need help with following for past exam

10 / 10 75% PARTC-Long answer question (30%) Answer the question below. Use a separate official examination booklet to write your answer. Write your full name and MID on the booklet. Cl. Carefully define interest rate risk for a commercial bank. Compare and contrastin detail the repricing model versus the duration model of measuring Interest rate risk With the aid of examples, explain how derivatives can be used to manage a bank's interest rate risk