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Duration Bank has the following assets and liabilities as of year - end. All assets and liabilities are currently priced at par and pay interest
Duration Bank has the following assets and liabilities as of yearend. All assets and liabilities are currently priced at par and pay interest annually.
Assets Amount $ millions Annual Rate Liabilities Amount $ millions Annual Rate
year loans $year CD $
year loans $year term deposit $
Equity $
Total $ Total $
What is the FI's maturity gap?
Group of answer choices
years.
years.
years.
years.
years.
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