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A bank has duration of assets of 4.94, total assets of $136 million, duration of liabilities of 4.48, total equity equal to 10.4% of total
A bank has duration of assets of 4.94, total assets of $136 million, duration of liabilities of 4.48, total equity equal to 10.4% of total assets, rate-sensitive assets of $70.66 million, and rate-sensitive liabilities of $57.39 million. What is the bank's maturity gap, in $ million, to the nearest $0.01 million?
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