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The Duration of a Bank's Assets Equals

Question 73

Multiple Choice

The duration of a bank's assets equals


A) the asset's market value divided by the market interest rate.
B) the market interest rate divided by the asset's market value.
C) the percentage change in the asset's market value divided by the percentage change in the market interest rate.
D) the percentage change in the market interest rate divided by the percentage change in the asset's market value.

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