The Following Is an FI's Balance Sheet ($Millions)

question 104

Multiple Choice

The following is an FI's balance sheet ($millions) .

Notes to Balance Sheet.

Munis are 2-year 6 percent annual coupon municipal notes selling at par. Loans are floating rates, repriced quarterly. Spot discount yields for 91-day Treasury bills are 3.75 percent. CDs are 1-year pure discount certificates of deposit paying 4.75 percent.

-What is this bank's interest rate risk exposure,if any?

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Definitions:

Least Professionalized

Describes organizations or sectors that have the lowest levels of formal training, standards, or qualifications among their personnel.

Charitable Nonprofit

Organizations that operate to provide relief to the poor, advance education, support health, or engage in other charitable activities serving the public interest or common good.

Private Foundations

Nonprofit entities that typically donate funds and support to other charitable organizations, funded by a single source, like a family or corporation.

Single Donor

Refers to contributions received from one individual, organization, or entity to support a particular cause or organization.