The following balance sheet belongs to JP Morgan's financial position at December 31, 2020, where you are given the market rates (yields) in parentheses and amounts are in millions. $ 20 150 150 100 200 50 250 300 350 200 Assets Cash Fed funds (5.05%) 3-month T-bills (5.25%) 2-year T-notes (6.50%) 8-year T-notes (7.50%) 5-year munis (floating rate) (8.20%, repriced @ 6 months) 6-month consumer loans (6%) 1-year consumer loans (5.8%) 5-year car loans (7%) 7-month C&I loans (5.8%) 2-year C&l loans (floating rate) (5.15%, repriced @ 6 months) 15-year variable-rate mortgages (5.8%, repriced @ 6 months) 15-year variable-rate mortgages (6.1%, repriced @year) 15-year fixed-rate mortgages (7.85%) 30-year variable-rate mortgages (6.3%, repriced @ quarter) 30-year variable-rate mortgages (6.4%, repriced @ month) 30-year fixed-rate mortgages (8.2%) Premises and equipment Total assets Liabilities and Equity Demand deposits Savings accounts (1.5%) MMDAs (4.5%) (no minimum balance requirement) 3-month CDs (4.2%) 6-month CDs (4.3%) 1-year CDs (4.5%) 2-year CDs (5%) 4-year CDs (5.5%) 5-year CDs (6%) Fed funds (5%) Overnight repos (5%) 6-month commercial paper (5.05%) Subordinate notes: 3-year fixed rate (6.55%) Subordinated debt: 7-year fixed rate (7.25%) Total liabilities $ 250 20 340 150 120 220 375 425 330 200 225 290 300 275 200 200 400 300 100 $3,545 225 355 400 20 $3,945 Equity Total liabilities and equity 400 $3,945 a 1. Calculate the repricing gap for a period of 30 days. 2. Calculate the repricing gap for a period of 6 months. 3. Calculate the repricing gap for the year 2021. 4. Calculate the repricing gap for the period 2021-2022. The following balance sheet belongs to JP Morgan's financial position at December 31, 2020, where you are given the market rates (yields) in parentheses and amounts are in millions. $ 20 150 150 100 200 50 250 300 350 200 Assets Cash Fed funds (5.05%) 3-month T-bills (5.25%) 2-year T-notes (6.50%) 8-year T-notes (7.50%) 5-year munis (floating rate) (8.20%, repriced @ 6 months) 6-month consumer loans (6%) 1-year consumer loans (5.8%) 5-year car loans (7%) 7-month C&I loans (5.8%) 2-year C&l loans (floating rate) (5.15%, repriced @ 6 months) 15-year variable-rate mortgages (5.8%, repriced @ 6 months) 15-year variable-rate mortgages (6.1%, repriced @year) 15-year fixed-rate mortgages (7.85%) 30-year variable-rate mortgages (6.3%, repriced @ quarter) 30-year variable-rate mortgages (6.4%, repriced @ month) 30-year fixed-rate mortgages (8.2%) Premises and equipment Total assets Liabilities and Equity Demand deposits Savings accounts (1.5%) MMDAs (4.5%) (no minimum balance requirement) 3-month CDs (4.2%) 6-month CDs (4.3%) 1-year CDs (4.5%) 2-year CDs (5%) 4-year CDs (5.5%) 5-year CDs (6%) Fed funds (5%) Overnight repos (5%) 6-month commercial paper (5.05%) Subordinate notes: 3-year fixed rate (6.55%) Subordinated debt: 7-year fixed rate (7.25%) Total liabilities $ 250 20 340 150 120 220 375 425 330 200 225 290 300 275 200 200 400 300 100 $3,545 225 355 400 20 $3,945 Equity Total liabilities and equity 400 $3,945 a 1. Calculate the repricing gap for a period of 30 days. 2. Calculate the repricing gap for a period of 6 months. 3. Calculate the repricing gap for the year 2021. 4. Calculate the repricing gap for the period 2021-2022