Estes Park National Bank holds assets and liabilities whose average durations and dollar amounts are

Estes Park National Bank holds assets and liabilities whose average durations and dollar amounts are as shown in this table: Asset and Liability Items Avg. Duration (years) Dollar Amount (millions) Investment Grade Bonds 15.00 $65.00 Commercial Loans 3.00 $400.00 Consumer Loans 7.00 $250.00 Deposits 1.25 $600.00 Nondeposit Borrowings 0.50 $50.00

a.) What is the weighted average duration of Estes ParkAc€?cs asset portfolio and liability portfolio?

b.) What is the leverage-adjusted duration gap?

c.) Suppose market interest rates increase from 3.25 percent to 4.25 percent, by how much would Estes ParkAc€?cs net worth change?

d.) Alternatively, if interest rates decline from 3.25 percent to 2.50 percent, by how much would Estes ParkAc€?cs net worth change?