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A bank has DA = 3.2 years and DL= 1.8 years. The bank has total equity of $95 million and total assets of $790 million.

A bank has DA = 3.2 years and DL= 1.8 years. The bank has total equity of $95 million and total assets of $790 million. Interest rates are at 5.8 percent. What is the banks leverage adjusted duration gap? (note: you need to find the amount of liability first)

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