Eastern Bank holds assets and liabilities whose average duration's and dollar amounts are as .7 shown...
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Eastern Bank holds assets and liabilities whose average duration's and dollar amounts are as .7 shown in this table Avg. Duration(yrs) S Amount Asset and Liability Items Investment Grade Bonds 3.00 Commercial Loans $75.00 15.00 $500.00 $350.00 6.00 Consumer Loans $450.00 $250.00 2.10 Deposits Non-deposit Borrowings 0.35 a- What is the weighted average duration of Eastern Banks asset portfolio and liability ?portfolio Eastern Bank holds assets and liabilities whose average duration's and dollar amounts are as .7 shown in this table Avg. Duration(yrs) S Amount Asset and Liability Items Investment Grade Bonds 3.00 Commercial Loans $75.00 15.00 $500.00 $350.00 6.00 Consumer Loans $450.00 $250.00 2.10 Deposits Non-deposit Borrowings 0.35 a- What is the weighted average duration of Eastern Banks asset portfolio and liability ?portfolio
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a Assets Avg Duration Dollar amount millions Weighted Duration Investment Grade Bonds 15 75 1... View the full answer
Related Book For
Bank Management and Financial Services
ISBN: 978-0078034671
9th edition
Authors: Peter Rose, Sylvia Hudgins
Posted Date:
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