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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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