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Eastern Bank holds assets and liabilities whose average duration's and dollar amounts are as shown in this table: Asset and Liability Items Avg. Duration(yrs) $

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Eastern Bank holds assets and liabilities whose average duration's and dollar amounts are as shown in this table: Asset and Liability Items Avg. Duration(yrs) $ Amount Investment Grade Bonds Commercial Loans Consumer Loans 15.00 3.00 6.00 $75.00 $500.00 $350.00 Deposits Non-deposit Borrowings 2.10 0.35 $450.00 $250.00 What is the weighted average duration of Eastern Banks asset portfolio and liability portfolio? What is the LADG? Use the editor to format your

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