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Calculate the repricing gap and impact on net interest income of a 1 percent increase in...

Calculate the repricing gap and impact on net interest income of a 1 percent increase in interest rates for the following positions:

a. Rate-sensitive assets = $124 million; Rate-sensitive liabilities = $62 million.
b. Rate-sensitive assets = $62 million; Rate-sensitive liabilities = $174 million.
c. Rate-sensitive assets = $89 million; Rate-sensitive liabilities = $82 million.

(For all requirements, negative amounts should be indicated by a minus sign. Enter your answers in millions rounded to 2 decimal places. (e.g., 32.16))

Repricing gap Net interest income
a. million million
b. million million
c. million million
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