please answer 1-2 showing all the work. thanks!

Questions 1 and 2 refer to the following information. Assets 2-year commercial loans: 10 percent annual fixed rate at par 1-year Treasury bills Liabilities 1-year CDs: 7 percent annual fixed rate at par Net Worth $400 million $450 million $100 million $50 million What is the duration of the commercial loans? A) 1.00 years B) 2.00 years C) 1.73 years D) 1.91 years E) 1.50 years 1. What is the financial institution's leverage-adjusted duration gap? A) 0.91 years B) 0.83 years C) 0.73 years D) 0.50 years E) 0 2. Which of the following statements about leverage adjusted duration gap is true? A) It is equal to the duration of the assets minus the duration of the liabilities. B) Larger the gap in absolute terms, the more exposed the financial institution is to interes 3. shocks. h in a financial institution's balance sheet