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question 27

Multiple Choice

Refer to the information below for questions
XYZ 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. Currently, interest rates are at 6%.
-What is the bank's duration gap in years?

• A) 1.432
• B) 1.488
• C) 1.587
• D) 1.656
• E) 1.722

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Definitions:

Genes

Segments of DNA located on chromosomes that carry the instructions for the development, functioning, growth, and reproduction of organisms.

Epistatic Gene

A gene that can interfere with or mask the expression of other genes, affecting their phenotypic outcomes.

Affects

Refers to emotions or feelings that influence an individual's behavior and perceptions.

Expression

In genetics, the process by which information from a gene is used to synthesize a functional product, such as protein, leading to the manifestation of a phenotype.