Question
Rate Duration Amount $75 Million $750 Million $175 Million 12 Percent 9 Percent 1.75 Years 7.00 Years Assets Cash Loans Treasuries Liabilities And Equity Time
Rate Duration Amount $75 Million $750 Million $175 Million 12 Percent 9 Percent 1.75 Years 7.00 Years Assets Cash Loans Treasuries Liabilities And Equity Time Deposits CDs Equity $350 Million S575 Million $75 Million 7 Percent 8 Percent 1.75 Years 2.50 Years Calculate The Duration Of The Liabilities To Four Decimal Places. O 1.75 Years. 2.22 Years. 2.125
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Financial Markets and Institutions
Authors: Anthony Saunders, Marcia Cornett
6th edition
9780077641849, 77861663, 77641841, 978-0077861667
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