[Table 1] Consider the following balance sheet for Gotbucks Bank, Inc. (in millions of dollars):

1. Total one-year rate-sensitive assets is :

A. $505 million.

B. $515 million.

C. $385 million.

D. $520 million.

E. $620 million.

2. Total one-year rate-sensitive liabilities is :

A. $800 million.

B. $850 million.

C. $650 million.

D. $490 million.

E. $750 million.

3. The cumulative one-year repricing gap (CGAP) and gap ratio for the bank is :

A. -$30 million ; -3.33%

B. -$105 million ; -11.67%

C. $25 million ; 2.78%

D. $15 million ; 1.67%

E. $25 million ; 1.67%

4. Calculate the expected change in the net interest income for the bank if interest rates rise by 1.2 percent on RSAs and by 1 percent on RSLs.

A. -$560,000

B. -$830,000

C. $1,280,000

D. -$320,000

E. $1,160,000

5. The following one-year runoffs are expected: $10 million for 3-year business loans and $20 million for 10-year mortgage loans. What is the one-year repricing gap?

A. $55 million

B. -$10 million

C. -$75 million

D. $45 million

E. $30 million

1. Cash and due from 2. Short-term consumer loans (1-year maturity) 3. Long-term consumer loans (2-year maturity) 4. Three-month T-bills 5. Six-month T-notes Assets 6. 3-year business loans 7. 10-year, fixed-rate mortgages 8. 30-year, floating-rate mortgages (rate adjusted every nine months) Total Assets $10 150 125 130 105 100 160 120 $900 Liabilities and Equity 1. Equity capital (fixed) 2. Demand deposits 3. One-month CDs 4. Three-month CDs 5. Three-month bankers' acceptances 6. Six-month commercial paper 7. 1-year time deposits 8. 2-year time deposits Total Liabilities and Equity $100 260 50 100 120 120 100 50 $900