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A Bank has financial assets of $745 and liabilities of $603.45. If the duration of assets is 2 years and the duration of all liabilities
A Bank has financial assets of $745 and liabilities of $603.45. If the duration of assets is 2 years and the duration of all liabilities is 0.91 years, what is the leverage-adjusted duration gap?
a.
1.090 years
b.
1.337 years
c.
1.263 years
d.
1.044 years
e.
1.300 years
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