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A bank has the following asset and liability portfolios. What is the gap? Rate-Sensitive Floating-rate Amount Rate-Sensitive Amount Assets (in millions) Liabilities (in millions) $4,000 NOW accounts $1,750 oans Floating-rate mortgages 1,000 MMDAs 4,500 Short-term Treasury securities 1.500Short-term CDs 1.000 $6,500 $7,250 A) $750 million B)-$750 million C) 1.12 D) 896 E) none of these

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