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Notes to the balance sheet: Currently, the fed funds rate is 8.9 percent. Variable-rate loans are priced at 5 percent over LIBOR. (currently at 12

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Notes to the balance sheet: Currently, the fed funds rate is 8.9 percent. Variable-rate loans are priced at 5 percent over LIBOR. (currently at 12 percent). Fixed-rate loans are selling at par and have five-year maturities with 13 percent interest paid annually. Assume that fixed rate loans are non-amortizing. Core deposits are all fixed rate for two years at 9 percent paid annually. Euro CDs currently yield 10 percent- o. What is the duration of Gotbucks Bank's (GB) fixed-rate loan portiolio if the loans are priced at par? (Do not round Intermedlate calculations. Round your onswer to 3 declmal places. (e.g. 32161)) b. If the average duration of GBl's floating-rate loans (including fed fund assets) is 0.40 year, what is the duration of the bank's assets? (Note that the duration of cash is zero) (Do not round intermedlate calculations. Round your onswer to 3 decimal places. (e.g., 32.101)) c. What is the duration of GBI's core deposits if they are priced at par? (Do not round intermedlote caleulations. Round your answer to 3 decimal ploces. (e. 9.32161)) d. If the duration of GBI's Euro CDS and fed fund liabilities is 0405 yeac, what is the duration of the bank's liabilities? (Do not round Intermedlate calculations. Round your onswer to 4 decimal places. (e.9. 32.1616)) e-1. What is GEI's duration gap? (Do not round Intermedlate calculatlons. Round your answer to 4 decimal places. (e.9., 32.1616)) e-2. What is the expected change in equity value if all yields increase by 100 basis points? (Enter your onswer in dollars not in millions. Negotlve amount should be indicoted by o minus slgn. Do not round intermediate calculations. Round your answer to the nearest dollor amount.) e-3. Given the equity change in e-2, what is the expected new market value of equity after the interest rote change? (Enter your answer in dollars not in mililons. Negotive amount thould be indicated by a minus slgn. Do not round Intermedlate calculations. Round your onswer to the nearest dollar amount.)

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