Question 5 [Table 1] Consider the following balance sheet for MMC Bancorp (in millions of dollars):...

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Question 5 [Table 1] Consider the following balance sheet for MMC Bancorp (in millions of dollars): 1 pts Assets Liabilities and Equity 1. Cash and due from $6.25 1. Equity capital (fixed) $25.00 2. Short-term consumer loans 62.50 (1-year maturity) 2. Demand deposits 50.00 3. Long-term consumer loans 31.30 (2-year maturity) 3. One-month CDs 37.50 4. Three-month T-bills 37.50 4. Three-month CDs 50.00 5. Six-month T-notes 43.70 5. Three-month bankers' acceptances 25.00 6. 3-year T-bonds 75.00 6. Six-month commercial paper 75.00 7. 10-year, fixed-rate mortgages 25.00 7. 1-year time deposits 25.00 8. 30-year, floating-rate mortgages 50.00 (reset every nine months) 8. 2-year time deposits 50.00 9. Premises 6.25 Total Assets $337.50 Total Liabilities and Equity $337.50 What is the repricing gap over the next year for the MMC? Hint: First, calculate one-year rate-sensitive assets and rate-sensitive liabilities. -$62,550,000 -$68,800,000 -$12,550,000 $18,800,000 -$18,800,000 Question 5 [Table 1] Consider the following balance sheet for MMC Bancorp (in millions of dollars): 1 pts Assets Liabilities and Equity 1. Cash and due from $6.25 1. Equity capital (fixed) $25.00 2. Short-term consumer loans 62.50 (1-year maturity) 2. Demand deposits 50.00 3. Long-term consumer loans 31.30 (2-year maturity) 3. One-month CDs 37.50 4. Three-month T-bills 37.50 4. Three-month CDs 50.00 5. Six-month T-notes 43.70 5. Three-month bankers' acceptances 25.00 6. 3-year T-bonds 75.00 6. Six-month commercial paper 75.00 7. 10-year, fixed-rate mortgages 25.00 7. 1-year time deposits 25.00 8. 30-year, floating-rate mortgages 50.00 (reset every nine months) 8. 2-year time deposits 50.00 9. Premises 6.25 Total Assets $337.50 Total Liabilities and Equity $337.50 What is the repricing gap over the next year for the MMC? Hint: First, calculate one-year rate-sensitive assets and rate-sensitive liabilities. -$62,550,000 -$68,800,000 -$12,550,000 $18,800,000 -$18,800,000