The information of Maximum Savings Bank is given below:

Average duration of assets equals 4.6 years

Market value of assets equals $2,103,914

Average duration of liabilities equals 3.2 years

Market value of liabilities equals $1,958,176

Weighted average asset returns 8.6%

Compute the duration of equity if interest rate decreases by 54 basis points.

Please round the answer until TWO decimal places.