The following balance sheet information is available (amounts in thousands of dollars and duration in years) for a financial institution: Amount Duration Assets: T-notes 60 0.85 T-bonds 170 4.00 Loans 2,724 7.00 Liabilities and Equity: Deposits 2,092 1.00 Federal funds 232 0.01 Equity 630 Required: f) If this bank uses forward contract to hedge this interest rate risk, should the bank take a short or long position on this forward contract? Explain why. (10 marks) g) If this bank uses swap contract to hedge this interest rate risk, should the bank be a swap buyer or a swap seller? Explain why. (10 marks)