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

question 37

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.
-What is the weighted average maturity of the assets of the FI?

• A)2.0 years.
• B)2.3 years.
• C)2.5 years.
• D)2.6 years.

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Definitions:

Electron Configuration

The way electrons are organized in the orbitals of atoms or molecules, known as atomic or molecular orbitals.

Zinc

A metallic element with the atomic number 30, known for its resistance to corrosion and its importance in biology and industry.

Electron Configuration

The placement of electrons across the atomic or molecular orbitals in atoms or molecules.

Helium

A light, non-reactive gas used in balloons, as a cooling agent for nuclear reactors, and in inhaling mixtures to correct voice pitch.