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Consider the following balance sheet (in millions of $) for a bank: ASSETS CORPORATE LOANS DUE IN 7.5 YEARS $790 CERTIFICATES OF DEPOSIT DUE IN

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Consider the following balance sheet (in millions of $) for a bank: ASSETS CORPORATE LOANS DUE IN 7.5 YEARS $790 CERTIFICATES OF DEPOSIT DUE IN 1.5 YEARS NOMINAL VALUE LIABILITIES NOMINAL VALUE $650 $140 DuE IN 18 YEARS80 EQUITY What is the bank's duration gap (in years)

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