A bank has the following: Assets …
A bank has the following: Assets Liabilities RSA = $600 at 1% RSL = $700 at 2% NRSA = $400 at 3% NRSL = $300 at 4% a. Calculate the GAP. [Note: Do not type your answer in Canvas] [2 points] b. If the interest rate declines by 20%, calculate the NIM. [Note: Do not type your answer in Canvas] [10 points] c. Interpret the NIM. [Note: Do not type your answer in Canvas] [4 points]
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