Use the Following Bank Information for Questions -What Is the Weighted Average Duration of Assets?
A) 2

question 53

Multiple Choice

Use the following bank information for questions .
$\begin{array}{|l|l|l|l|l|l|l|l|}\hline &\begin{array}{c}\text { Market } \\\text { Value }\end{array} &\text { Rate } & \begin{array}{c}\text { Duration } \\\text { (Years) }\end{array} & \begin{array}{c}\text { Liabilities }\\\text { and } \\\text { Equity }\end{array} & \begin{array}{c}\text { Market } \\\text { Value }\end{array} & \text { Rate } & \begin{array}{c}\text { Duration } \\\text { (Years) }\end{array} \\\hline\text { Cash } & \$ 200 & && \text {Time Deposits } & \$ 600 &2.0 \% & 1.500 \\\hline \text { Loans } & \$ 800 & 8.0 \% & 3.750 &\text { CDs } & \$ 500 & 4.5 \% & 3.125 \\\hline\text { T-Bonds }&\$250&4.0\%&7.250&\text { Equity }&\$150&&\\\hline\text { Total }&\$1,250&&&&\$1,250\\\hline\end{array}$
-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) 7.50 years

Understand the implications of income changes on the demand for goods.

Describe how related goods affect each other's demand through changes in price.

Understand the impact of high conscientiousness and emotional stability on workplace behavior.

Recognize the influence of external locus of control on personal attribution of workplace events.

---

Definitions:

Pyramidal System

A motor system that carries voluntary movements signals from the brain to the muscles, mainly involving the cerebral cortex and the spinal cord.

Corticospinal Tract

A set of nerve pathways that travel from the cerebral cortex in the brain down the spinal cord, involved in controlling voluntary muscle movements.

Corticobulbar Tract

Neural pathways that conduct impulses from the brain's cortex to the brainstem, primarily involved in controlling movements of the face and neck.

Corpus Callosum

Largest commissure of the brain, connecting the cerebral hemispheres.