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Use the Following Information to Answer the Question(s)below

question 46

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Use the following information to answer the question(s) below.
You are a risk manager for Security First Trust Savings and Loan (SFTSL) .SFTSL's balance sheet is as follows (in millions of dollars) : Use the following information to answer the question(s) below. You are a risk manager for Security First Trust Savings and Loan (SFTSL) .SFTSL's balance sheet is as follows (in millions of dollars) :   The duration of the auto loans is three years and the duration of the mortgages is eight years.Both cash reserves and checking and savings have zero duration.The CDs have a duration of two years and the long-term financing has a ten-year duration. -The duration of SFTSL's equity is closest to: A) 6 years. B) 8 years. C) 10 years. D) 14 years. The duration of the auto loans is three years and the duration of the mortgages is eight years.Both cash reserves and checking and savings have zero duration.The CDs have a duration of two years and the long-term financing has a ten-year duration.
-The duration of SFTSL's equity is closest to:

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Definitions:

Minimizing Costs

Strategies or methods employed to reduce expenses in operations, manufacturing, or project management without compromising the quality.

Motherboard Form Factor

The standard that defines the size, shape, and layout of a motherboard, determining the compatibility with computer cases and power supplies.

μATX

A specification for a smaller motherboard form factor, standing for Micro Advanced Technology Extended, providing less space for expansion but suitable for compact PC builds.

ITX

A motherboard form factor size that is smaller than ATX, the most common form factor. Comes in mini-ITX, nano-ITX, and pico-ITX sizes.

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