Use the following information about a hypothetical government security dealer named J.P. Groman. (Market yields are in parentheses; amounts are in millions.)

Assets					Liabilities and Equity
Cash	$	15			Overnight repos	$	186
1-month T-bills (7.10%)		85			Subordinated debt
3-month T-bills (7.30%)		85			7-year fixed (8.60%)		155
2-year T-notes (7.55%)		55
8-year T-notes (9.01%)		105
5-year munis (floating rate) (8.25% reset every six months)		30			Equity		34
Total	$	375			Total	$	375

a. What is the repricing or funding gap if the planning period is 30 days? 91 days? 2 years? (Recall that cash is a non-interest-earning asset.) b. What is the impact over the next 30 days on net interest income if all interest rates rise by 40 basis points? c. The following one-year runoffs are expected: $15 million for two-year T-notes, $25 million for the eight-year T-notes. What is the one-year repricing gap? d. If runoffs are considered, what is the effect on net interest income at year-end if interest rates rise by 40 basis points?