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The duration of the assets is 9 years and the duration of the liabilities is 7 years. The bank is expecting interest rates to fall

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The duration of the assets is 9 years and the duration of the liabilities is 7 years. The bank is expecting interest rates to fall from 12 percent to 11 percent over the next year. The bank's duration gap is closest to: a) 2 years (b) 3 years c) 5 years

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