Question 3

Your company holds the following Assets and Liabilities: Assets $99 Yellow Assets with duration of 2.3 $61 Green Assets with duration of 4.3 $58 Blue Assets with duration of 4.3 Liabilities $43 Purple Liabilities with duration of 2 $53 Red Liabilities with duration of 5.8 $23 Orange Liabilities with duration of 5.8 What is the duration of the company's liabilities? (please show at least two decimal places)