You have gathered the following market value and duration information on the Eastern Bank: Calculate the duration of the bank's assets and of its liabilities.
A)2.86 years; 1.23 years
B)2.97 years; 1.06 years
C)2.86 years; 1.06 years
D)2.48 years; 1.06 years
E)2.97 years; 1.23 years

Question

You have gathered the following market value and duration information on the Eastern Bank:  Calculate the duration of the bank's assets and of its liabilities.
A)2.86 years; 1.23 years 
B)2.97 years; 1.06 years 
C)2.86 years; 1.06 years 
D)2.48 years; 1.06 years 
E)2.97 years; 1.23 years

Quizplus · Accepted Answer

The Answer of You have gathered the following market value and duration information on the Eastern Bank:  Calculate the duration of the bank's assets and of its liabilities.
A)2.86 years; 1.23 years 
B)2.97 years; 1.06 years 
C)2.86 years; 1.06 years 
D)2.48 years; 1.06 years 
E)2.97 years; 1.23 years

You Have Gathered the Following Market Value and Duration Information