For most materials, however, the resistance does depend on the current. Resistance, classically, is caused by collisions between the charges carrying the current and other charges and atoms. For metallic objects, as more voltage is placed across the object driving more current, the object becomes hotter, which increases the vibrations of the atoms and, in turn, increases these collisions and, hence, the resistance of the object. Of the plots below, then, which plot might correspond to the current-voltage characteristics of a metal then.

Variable rate cd’s = $90 treasury bills = $150 discount loans = $20 treasury notes = $100 fixed rate cds = $160 money market deposit accts. = $140 savings deposits = $90 fed funds borrowing = $40 variable rate mortgage loans $140 demand deposits = $40 primary reserves = $50 fixed rate loans = $210 fed funds lending = $50 equity capital = $120 a. develop a balance sheet from the above data. be sure to divide your balance sheet into rate-sensitive assets and liabilities as we did in class and in the examples. b. perform a standard gap analysis and a duration analysis using the above data if you have a 1.15% decrease in interest rates and an average duration of assets of 5.4 years and an average duration of liabilities of 3.8 years. c. indicate if this bank will remain solvent after the valuation changes. if so, indicate the new level of equity capital after the valuation changes. if not, indicate the amount of the shortage in equity capital.