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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:

Uterus

A muscular organ in the female reproductive system where a fertilized egg develops into a fetus.

Puerperium

The period following childbirth during which the mother's reproductive organs return to their pre-pregnancy state.

Retroflexion

A condition where an organ is bent backward, often referring to the uterus or other parts of the body.

Oxytocin

A hormone produced by the hypothalamus and released by the pituitary gland, involved in childbirth and lactation as well as behavior and emotional bonding.