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Use the Following Bank Information for Questions

question 22

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Use the following bank information for questions
Use the following bank information for questions     -What is the weighted average duration of assets? A) 2.56 years B) 3.85 years C) 4.85 years D) 5.00 years E) 7.5 years
-What is the weighted average duration of assets?


Definitions:

Systematic Thinking

Approaches problems in a rational and analytical fashion.

Programmed Decisions

Decisions that are made using a rule, procedure, or quantitative method that have been developed for recurring problems or situations.

Lack-Of-Participation Error

Lack-of-participation error occurs when important people are excluded from the decision-making process.

Rational Decision Model

A systematic, step-by-step approach to making decisions based on logical, objective analysis of data and alternatives.

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