First Duration Bank Has the Following Assets and Liabilities on Its

question 82

Multiple Choice

First Duration Bank has the following assets and liabilities on its balance sheet $$\begin{array} { | l | l | l | l | l | l | } \hline{ \text { Assets } } & { \begin{array} { c } \text { Par } \\\text { Amount }\end{array} } & \text { Rate } & \text { Liabilities } & \begin{array} { c } \text { Par } \\\text { Amount }\end{array} & \text { Rate } \\\hline \begin{array} { l } \text { 2-year commercial } \\\text { loans, annual fixed } \\\text { rate, at par }\end{array} & \$ 400 \text { million } & 10 \% & \begin{array} { l } \text { 1-year CDs, } \\\text { annual fixed } \\\text { rate, at par }\end{array} & \$ 450 \text { million } & 7 \% \\\hline \text { 1-year Treasury bills } & \$ 100 \text { million } & & \text { Net Worth } & \$ 50 \text { million } & \\\hline\end{array}$$
-What is the duration of the commercial loans?

• A)1.00 years.
• B)2.00 years.
• C)1.73 years.
• D)1.91 years.
• E)1.50 years.

Identify the impact of environmental and occupational factors on respiratory health.

Understand the clinical coding for diseases induced by specific pathogens or conditions.

Recognize factors leading to acute and chronic respiratory failures and their coding.

Identify the correct medical codes for specific cardiac conditions

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Definitions:

Futures Contracts

Agreements to buy or sell an asset at a future date at a price agreed upon today, often used for hedging or speculating on price movements.

Depreciable Plant Assets

Long-term tangible assets of a business used in operations, subject to depreciation over their useful lives.

Underlying Assets

The financial assets (such as stocks, bonds, or commodities) that determine the value of a derivative instrument.

Excess Purchase Price

The amount by which the purchase price of an asset exceeds its fair market value, often seen in acquisitions where the buyer pays more than the asset's perceived worth.