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If the market value of a bank's total assets is $2,000 million and total liabilities is $1,700 million. The average asset duration of the bank
If the market value of a bank's total assets is $2,000 million and total liabilities is $1,700 million. The average asset duration of the bank is 5 years and its average liability duration is 9 years. Calculate this bank's leverage-adjusted duration gap?
-4 years
2.65 years
-2.65 years
3.65 years
4 years
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