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s A bank has DA = 2.4 years and DL = 0.9 years. The bank has total equity of $82 million and total assets of
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A bank has DA = 2.4 years and DL = 0.9 years. The bank has total equity of $82 million and total assets of $850 million. Interest rates are at 6 percent. To get De to equal zero to protect the equity value in the event of an interest rate change, the bank could: Multiple Choice reduce DA to 1.21 years. increase DL to 3.10 years. increase DL to 2.44 years. innan +Step by Step Solution
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