Multiple Choice 1- Static GAP analysis is useful for: a) Highlighting reprising mismatches on an FI's balance sheet. b) Constructing a fully immunized bond portfolid c) Measuring an FI's liquidity risk position d) All of the above e) None of the above 2- Fire sale risk is related most closely to a) Credit risk b) Currency risk c) Liquidity or Refinancing risk d) Market risk e) None of the above The primary liability for life insurance companies is a) Life insurance policies and annuities b) Fire insurance policies c) Interest rate swaps d) None of the above 3