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PART 1 : Fund Transfer Pricing ( FTP ) - 1 0 points At the start of the year, the Treasury Department of GMM Bank

PART 1: Fund Transfer Pricing (FTP)-10 points
At the start of the year, the Treasury Department of GMM Bank released its fund transfer pricing parameters to
both bank fund users and providers.
The management team of GMM Bank wants to know the overall profit by end of 1st quarter 2024. The table
below summarizes the 1st Quarter 2024 average rates of the two business segments.
Given the data above, compute for the following:
a) GMM Bank's Asset spread (2 points)
b) GMM Bank's Liability spread (2 points)
c) Residual spread (2 points)
d) Overall profit/spread (4 points)
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