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A bank has D A = 2.4 years and D L = 0.9 years. The bank has total equity of $82 million and total assets
A bank has DA = 2.4 years and DL= 0.9 years. The bank has total equity of $82 million and total assets of $850 million. Interest rates are at 6%.
What is the bank's duration gap in years?
1.5325 | |
1.5868 | |
1.2685 | |
1.4563 | |
1.6222 |
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