Use the data provided for Gotbucks Bank, Inc., to answer this question.

Gotbucks Bank, Inc (dollars in million)

Assets:

Cash: $36

Federal Funds: $26

Loans (floating): $111

Loans (fixed): $71

Total Assets: $244

Liabilities and Equity:

Core Deposits: $38

Federal Funds: $56

Euro CDs: $136

Equity: $14

Total Liabilities and equity: $244

Notes to the balance sheet: Currently, the fed funds rate is 9.1 percent. Variable-rate loans are priced at 2 percent over LIBOR (currently at 11 percent). Fixed-rate loans are selling at par and have five-year maturities with 12 percent interest paid annually. Assume that fixed rate loans are non-amortizing. Core deposits are all fixed rate for two years at 8 percent paid annually. Euro CDs currently yield 9 percent.

How do you calculate the following: What is the duration of Gotbucks Bank's (GBI) fixed-rate loan portfolio if the loans are priced at par?(Do not round intermediate calculations. Round your answer to 3 decimal places. (e.g., 32.161))

How do you calculate the following:If the average duration of GBI's floating-rate loans (including fed fund assets) is .42 year, what is the duration of the bank's assets? (Note that the duration of cash is zero.)(Do not round intermediate calculations. Round your answer to 3 decimal places. (e.g., 32.161))

How do you calculate the following:What is the duration of GBI's core deposits if they are priced at par?(Do not round intermediate calculations. Round your answer to 3 decimal places. (e.g., 32.161))

How do you calculate the following:If the duration of GBI's Euro CDs and fed fund liabilities is .407 year, what is the duration of the bank's liabilities?(Do not round intermediate calculations. Round your answer to 4 decimal places. (e.g., 32.1616))