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Loyola Bank Classifies Its Assets and Liabilities and the Period

Question 155

Multiple Choice

Loyola Bank classifies its assets and liabilities and the period (maturity buckets) within which they are subject to repricing as on March 31,2015 as follows:  (dollars in millions)   Interest-sensitive  Interest-sensitive  Maturity buckets  assets  liabilities  One week $50$458 to 25 days 757025 to 40 days 607540 to 60 days 708060 to 90 days 807090 to 180 days 180160180 to 365 days 210190\begin{array} { l c c } \text { (dollars in millions) } & \text { Interest-sensitive } & \text { Interest-sensitive } \\\text { Maturity buckets } & \text { assets } & \text { liabilities } \\\text { One week } & \$ 50 & \$ 45 \\8 \text { to 25 days } & 75 & 70 \\25 \text { to } 40 \text { days } & 60 & 75 \\40 \text { to } 60 \text { days } & 70 & 80 \\60 \text { to } 90 \text { days } & 80 & 70 \\90 \text { to } 180 \text { days } & 180 & 160 \\180 \text { to } 365 \text { days } & 210 & 190\end{array}
What is the cumulative gap of the bank for interest-sensitive assets and interest-sensitive liabilities of maturity buckets up to 180 days as on March 31,2015?


A) -$65 million
B) -$60 million
C) $65 million
D) $60 million
E) $45 million

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