8. The following table reports ABC bank's balance sheet data (in millions): Assets Liabilities & Equity Cash $20 Overnight Repos $200 150 1 month treasury bills 3 month treasury bills 7 year fixed rate bond 290 150 2 year certificate of deposits 150 2 year treasury notes 100 Equity 30 8 year treasury notes 200 5 year floating rate bond, 50 reset every 6 months Total Assets $670 Total liability & Equity $670 Required? (a) Identify the rate sensitive assets (RSAs) and rate sensitive liabilities (RSLs) of ABC bank over one year maturity bucket. (b) Compute the one-year repricing gap. (c) Calculate the expected change in the net interest income for the bank, if interest rates rise by 2% on both RSAs and RSLs. (d) Calculate the expected change in the net interest income for the bank, if interest rates fall by 2% on both RSAs and RSLs. 8. The following table reports ABC bank's balance sheet data (in millions): Assets Liabilities & Equity Cash $20 Overnight Repos $200 150 1 month treasury bills 3 month treasury bills 7 year fixed rate bond 290 150 2 year certificate of deposits 150 2 year treasury notes 100 Equity 30 8 year treasury notes 200 5 year floating rate bond, 50 reset every 6 months Total Assets $670 Total liability & Equity $670 Required? (a) Identify the rate sensitive assets (RSAs) and rate sensitive liabilities (RSLs) of ABC bank over one year maturity bucket. (b) Compute the one-year repricing gap. (c) Calculate the expected change in the net interest income for the bank, if interest rates rise by 2% on both RSAs and RSLs. (d) Calculate the expected change in the net interest income for the bank, if interest rates fall by 2% on both RSAs and RSLs