Question $1(2$ points$)$

In $3$A$,$ what is the $6-$month $($two quarters$)$ GAP ratio defined as RSA$/$RSL $($risk$-$

sensitive assets$/$risk$-$sensitive liabilities$).$

Note: Do not include Federal Funds Sold or Discount Window Advances in your

estimation under the assumption it is a one$-$time event. However, include Federal

Funds Purchased under the assumption that the bank is a net buyer of funds.

$1\mathrm{.}36$

$1\mathrm{.}31$

$1\mathrm{.}13$

$0\mathrm{.}77$