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Duration Bank Has the Following Assets and Liabilities as of Year-End

Question 121

Multiple Choice

Duration Bank has the following assets and liabilities as of year-end. All assets and liabilities are currently priced at par and pay interest annually. Duration Bank has the following assets and liabilities as of year-end. All assets and liabilities are currently priced at par and pay interest annually.   -What is the weighted average maturity of the liabilities of the FI? A) 3.67 years. B) 3.30 years. C) 3.00 years. D) 5.00 years.
-What is the weighted average maturity of the liabilities of the FI?


A) 3.67 years.
B) 3.30 years.
C) 3.00 years.
D) 5.00 years.

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