The following balance sheet belongs to Credit Agricole Bank as at January 1, 2021: (in millions): Assets $ 50 $ 70 Floating-rate mortgages (currently 10% annually) 30-year fixed-rate loans (currently 7% annually) Liabilities and Equity 1-year time deposits (currently 6% annually) 3-year time deposits (currently 7% annually) Equity Total liabilities and equity 50 20 10 $100 Total assets $100 a) Calculate the bank's expected NII at year-end. b) Calculate the expected NII for 2022 if interest rates increase by 200 basis points. c) Calculate the expected NII for 2022 for a 200 basis points increase in interest rates using the cumulative repricing gap model. d) Calculate the impact on NII by the end of 2022 if interest rate on rate-sensitive assets rise by 200 basis points while interest rates on rate-sensitive liabilities rise by 100 basis points. Is it common to find interest rates changing on rate- sensitive assets and liabilities by different values? The following balance sheet belongs to Credit Agricole Bank as at January 1, 2021: (in millions): Assets $ 50 $ 70 Floating-rate mortgages (currently 10% annually) 30-year fixed-rate loans (currently 7% annually) Liabilities and Equity 1-year time deposits (currently 6% annually) 3-year time deposits (currently 7% annually) Equity Total liabilities and equity 50 20 10 $100 Total assets $100 a) Calculate the bank's expected NII at year-end. b) Calculate the expected NII for 2022 if interest rates increase by 200 basis points. c) Calculate the expected NII for 2022 for a 200 basis points increase in interest rates using the cumulative repricing gap model. d) Calculate the impact on NII by the end of 2022 if interest rate on rate-sensitive assets rise by 200 basis points while interest rates on rate-sensitive liabilities rise by 100 basis points. Is it common to find interest rates changing on rate- sensitive assets and liabilities by different values