9-113 What Is the Weighted Average Duration of the Liabilities

question 52

Multiple Choice

9-113 What is the weighted average duration of the liabilities of the FI?

• A)5.00 years.
• B)5.35 years.
• C)5.70 years.
• D)6.05 years.
• E)6.40 years.

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Definitions:

Revocation

The official cancellation or withdrawal of an offer, agreement, or contract.

Defects

Faults or imperfections in a product or service that reduce its quality, functionality, or safety.

Inspected

To have been examined or reviewed carefully, especially to ensure compliance with standards and regulations.

Installment

A method of payment or delivery of goods in parts or portions at agreed intervals over a period of time, usually including interest in the case of financial transactions.