Problema bank has da 24 years and dl 09 years the bank has, Ask an Expert

Accounting

Problem:

A bank has DA = 2.4 years and DL= 0.9 years. The bank has total equity of $82 million and total assets of $850 million. Interest rates are at 6%.

Required:

Question: What is the bank's duration gap in years?

1.5325
1.5868
1.2685
1.4563
1.6222

Note: Please answer in proper manner and show all computations

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M91170575

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