Bank ABC's balance sheet is as follows: Assets Par Amount Rate Liabilities Par Amount Rate 2-year commercial loans $600 million 10 % 1-year CDs $900 million 7 % 1-year Treasury bills $400 million 3% Equities $100 million (a) What is the repricing gap over the 1-year maturity bucket? (5 marks) (b) Based on your answer in part (a), if all interest rates decrease by 15 basis points, what is the expected impact on the FI's net interest income? (Hint: Use the repricing model to answer this question.) (5 marks)