The Numbers Provided Are in Millions of Dollars and Reflect

question 74

Multiple Choice

The numbers provided are in millions of dollars and reflect market values:
-A risk manager could restructure assets and liabilities to reduce interest rate exposure for this example by

• A)increasing the average duration of its assets to 9.56 years.
• B)decreasing the average duration of its assets to 4.00 years.
• C)increasing the average duration of its liabilities to 6.78 years.
• D)increasing the average duration of its liabilities to 9.782 years.

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Definitions:

Canada

A country located in the northern part of North America, known for its vast landscapes, multicultural population, and bilingual nature (English and French being official languages).

Ageism

The stereotyping of and prejudice against individuals or groups because of their age.

Theft

The act of taking someone else's property without permission or legal right and with the intention to deprive the rightful owner of it permanently.

Convenience Store

A small retail business that sells everyday items such as snacks, beverages, and household goods, and is often open long hours for consumer convenience.