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Mackenzie Insurance Company collected a premium of $15,000 for a 1-year insurance policy on May 1. What amount should Mackenzie report as a current liability

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Mackenzie Insurance Company collected a premium of $15,000 for a 1-year insurance policy on May 1. What amount should Mackenzie report as a current liability for Unearned Insurance Revenue at December ?31 Question No. 3: 1. Clinton National Bank holds assets and liabilities whose average durations and dollar amounts are shown in this table: Asset and Liability Items Average Duration (years) Dollar Amen (Mallies Investment grade honds Deposits 14 Consumer loans 2.400 Commercial loans 35 Non deposit borewings 200 IR 120 6 6 What is the weighted-average duration of Clinton bank's assets portfolio and liability portfolio? What is its leverage-adjusted duration gap? 1. DA 2. D: The gap 2. Consider the following bank balance sheet and associated average interest rates. The time frame for rate sensitivity is one year. Amount Rate Libilities Am Rate sensitive 57.2007 Rate sensitive 57.600 Fixed rate 8,40094 Fixed-rate 7.200 Noncaming 1.600 Nonpaying liabilities 2,400 Total $17.2001 Total $17.200 Calculate the Bank's GAP, expected Net Interest Income, and Net Interest Margin if interest rates and portfolio composition remain constant during the year. This bank is positioned to profit if interest rates move in which direction? 1. Bank GAP: 2. Net Interest Income Net Interest Marin hapsmode apelkenpluginfile.ph/6820 Done o

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