Durango Bank has $2 million in rate-sensitive liabilities and $3 million in rate-sensitive assets. Durango's gap is ____, and Durango is probably more concerned about a(n)____ in interest rates.
A)- $1 million; increase
B)- $1 million; decrease
C)$1 million; increase
D)$1 million; decrease
E)None of these are correct.

Question

Quizplus · Accepted Answer

The Answer of Durango Bank has $2 million in rate-sensitive liabilities and $3 million in rate-sensitive assets. Durango's gap is ____, and Durango is probably more concerned about a(n)____ in interest rates.
A)- $1 million; increase
B)- $1 million; decrease
C)$1 million; increase
D)$1 million; decrease
E)None of these are correct.

Durango Bank Has $2 Million in Rate-Sensitive Liabilities and $3