Third Duration Investments Has the Following Assets and Liabilities on Its

question 39

Multiple Choice

Third Duration Investments has the following assets and liabilities on its balance sheet. The two-year Treasury notes are zero coupon assets. Interest payments on all other assets and liabilities occur at maturity. Assume 360 days in a year.
-What is the duration of the assets?

• A)0.708 years.
• B)0.354 years.
• C)0.350 years.
• D)0.955 years.

---

Definitions:

Frontal Cortex

The part of the brain located at the front of each cerebral hemisphere, responsible for executive functions such as decision making, problem solving, and controlling behavior.

Sensory Functions

The abilities related to receiving and processing sensory information, such as sight, hearing, touch, taste, and smell.

Motor Functions

Physical activities and movements controlled by the brain and nervous system, such as walking, grasping, and swallowing.

Gross Motor Skills

Physical abilities involving large muscle movements, such as crawling, walking, and jumping, crucial for mobility and coordination.