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A commercial bank has the following asset and liability portfolios. What is the gap? Rate Sensitive Assets Amount in millions Rate-sensitive Liabilities Amount in millions

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A commercial bank has the following asset and liability portfolios. What is the gap? Rate Sensitive Assets Amount in millions Rate-sensitive Liabilities Amount in millions Floating rate loans 4000 NOW accounts 1750 Floating rate mortgages 1000 MMDA's 4500 Short term treasures 1500 Short term CD's 1000 6500 Total 7250 Total 750 million -750 million 1.12 0.896 None of the above

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