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Please distinguish which is Interest sensitive asset and which is interest-sensitive liability Assets Liabilities and Equity Cash $3,500,000 Checking account deposits Short-term loans* 7,500,000 Money
Please distinguish which is Interest sensitive asset and which is interest-sensitive liability
Assets Liabilities and Equity Cash $3,500,000 Checking account deposits Short-term loans* 7,500,000 Money market deposits Money market securities 2,000,000 Short-term savings accounts* Federal funds sold 500,000 Certificate of deposits (9 mo. term) Fixed Assets 3,000,000 Equity capital * Expected to mature within 12 months $4,500,000 8,000,000 2,500,000 1,500,000 1,250,000Step by Step Solution
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