The answer is no. There is a negative gap of –20, indicating a net excess of deposits to reprice. If the interest rate increases, the net interest margin of the first quarter will decrease because the cost of funds will then be higher.
|2.||The answer is yes. There is a positive cumulative gap of +30, indicating a net excess of assets to reprice. That is, if the interest rates go up and remain higher, the interest margin of the second quarter will be affected by the repricing of the deposits of the first quarter (–20), but the repricing of +50 of net assets in the second quarter creates an overall (cumulative) gap of +30 ...|