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State Bank's balance sheet is listed below. Amounts are in millions. Assets = -MD x MVA x r Liabilities and Equity Yield Duration Modified Duration

State Bank's balance sheet is listed below. Amounts are in millions.
Assets = -MD x MVA x r Liabilities and Equity
Yield Duration Modified Duration Value Weight MV with r Yield Duration Modified Duration Value Weight MV with r
Cash 0.00% 0.00 $20 Demand Deposits 0.00 $250
Fed funds 5.05% 0.02 150 MMDAs 4.50% 0.50 360
T-bills 5.25% 0.22 300 CDs 4.30% 0.48 715
T-bonds 7.50% 7.55 200 CDs 6.00% 4.45 1105
Consumer Loans 6.00% 2.50 900 Fed funds 5.00% 0.02 515
C&I loans 5.80% 6.85 475 Commercial Paper 5.05% 0.45 400
Fixed-rate mortgages 7.85% 19.5 1200 Subordinate Debt: Fixed rate 7.25% 6.65 200
Variable-rate mortgages, repriced @ quarter 6.30% 0.25 580 Total Liabilities
Premises and Equipment 0.00% 0.00 120
Equity
Total Assets Total Liabilities and SH Equity
a) Complete the modified duration and portfolio weight for asset and liability

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