Use the following information to answer questions 7 - 10: The two-year Treasury notes are zero coupon assets. Interest payments on all other assets and liabilities occur at maturity. Assume 360 days in a year. Assets: $ 250 million 28-day Treasury bills $350 million 181-day Treasury bills $ 500 million 2-year Treasury notes $ 300 million 270-day municipal notes What is the duration of the asset portfolio? O 1.215 years O 1.807 years O 1.350 years O 1.364 years 45 O 1.015 years Liabilities: $650 million 7-day repos $ 700 million 1-year commercial paper $ 50 million equity

Use the following information to answer questions 7 - 10: The two-year'Treasury notes are zero coupon assets. Interest payments on all other assets and liabilities occur at maturity. Assume 360 days in a year. What is the duration of the asset portfolio? 1.215 years 1.807 years 1.350 years 1.364 years 1.015 years