Question Completion Status: QUESTION 7 3 po Following is are the total items in the asset side of MCB Bank, a hypothetical company Assets Market value Rate Cash 5.6% 3-Yr Commercial Loans 5-Yr Loans 60,000 1,000,000 3,500,000 1,000,000 5,560,000 4.8 % 3.4 % 4-Yr T-bonds Total Using above information compute the weighted average duration of assets (WADA) for MCB Bank. Please write the answer in Three decimal places and NOT PERCENTAGE