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Please show excel formula Consider the following bank balance sheet and associated average interest rates. The time frame for rate sensitivity is one year. Figures

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Please show excel formula

Consider the following bank balance sheet and associated average interest rates. The time frame for rate sensitivity is one year. Figures are in thousands. Amount $200,000 Amount $300,000 Rate 1.1% Assets Rate Sensitive Fixed Rate Nonearning Rate L&E 2.5% Rate Sensitive 4.0% Fixed Rate Nonpaying & E Total 450,000 45,000 3.1% 375,000 20,000 Total $695,000 $695,000 a. C. Calculate the bank's GAP and NIM. b. What is the change in Nil if the entire yield curve shifts 1% higher? This bank is positioned to profit if interest rates move in which direction? d. Is your answer for part c true all the time? Explain your answer and give an example to support it

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