Fictional First Bank Assets Liabilities Cash in vaul…

  Fictional First Bank Assets Liabilities Cash in vault 100 Transaction deposits 1000 Deposits at Fed 300 Non-transaction deposits 2000 Securities 1000 Borrowing 300 Loans 2400 Refer to the balance sheet above, total reserves of Fictional First bank are equal to

  First National Bank ​ Assets Liabilities Rate-sensitiv…

  First National Bank ​ Assets Liabilities Rate-sensitive $20 million $50 million Fixed-rate $80 million $50 million Assuming that the average duration of its assets is five years, while the average duration of its liabilities is three years, then a 5 percentage point increase in interest rates will cause the net worth of First National to decline by [blank] of the total original asset value.