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Suppose you are the manager of a bank that has $14 million of fixed-rate assets, $20 million of rate-sensitive assets, $24 million of fixed-rate liabilities,

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Suppose you are the manager of a bank that has $14 million of fixed-rate assets, $20 million of rate-sensitive assets, $24 million of fixed-rate liabilities, and $10 million of rate-sensitive liabilities. Conduct a gap analysis for the bank, and show what will happen to bank profits if interest rates rise by 5 percentage points. The gap equals million. (Enter your response as a whole number. Use minus sign to enter negative value if any.) The change in bank profits from the interest rate rise is $ million. (Round your response to two decimal places.) What action will not reduce the bank's interest-rate risk? O A. Swapping the interest on $10 million of rate-sensitive assets for the interest on another bank's $10 million of fixed-rate assets. O B. Swapping the interest on $10 million of fixed-rate assets for the interest on another bank's $10 million of rate-sensitive assets. OC. Increasing rate-sensitive liabilities to $20 million OD. Reducing rate-sensitive assets to $10 million

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