25.20 The following balance sheet is for Besdall Community Bank. a. What is the duration of Besdalls

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25.20 The following balance sheet is for Besdall Community Bank.

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a. What is the duration of Besdall’s assets?

b. What is the duration of Besdall’s liabilities?

c. Is Besdall Community Bank immune from interest-rate risk?

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Corporate Finance

ISBN: 9780071229036

6th International Edition

Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe

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