The Raymond Burr National Bank Has $1,000 in Assets with an Average

Multiple Choice

The Raymond Burr National Bank has $1,000 in assets with an average duration of 5 years.This bank has $800 in liabilities with an average duration of 6.25 years.What is the duration gap of this bank?

A) -1.25 years
B) 0 years
C) 1.25 years
D) -2.25 years
E) None of the options is correct.