Use the following information to answer questions. Assets (in thousands) Amount Duration Cash $100 0.00 C&I Loans $900 1.25 $600 Liab&NW Amount 1-yr CD 6-yr CD $300 NW (equity.)_$100 $1000 Duration 1.00 5.00 Total $1000 a. What is the duration of the bank's assets? b. What is the duration of the bank's liabilities? c. What is the leverage-adjusted duration gap for this bank? d. If the bank want to immunize against interest rate risk, should it buy or sell bond futures? Why? Use the following information to answer questions. Assets (in thousands) Amount Duration Cash $100 0.00 C&I Loans $900 1.25 $600 Liab&NW Amount 1-yr CD 6-yr CD $300 NW (equity.)_$100 $1000 Duration 1.00 5.00 Total $1000 a. What is the duration of the bank's assets? b. What is the duration of the bank's liabilities? c. What is the leverage-adjusted duration gap for this bank? d. If the bank want to immunize against interest rate risk, should it buy or sell bond futures? Why