The Raymond Burr National Bank has $1,000 in assets with an average duration of 5 years.This bank has $800 in liabilities with an average duration of 6.25 years.What is the duration gap of this bank?
A)-1.25 years
B)0 years
C)1.25 years
D)-2.25 years
E)None of the options is correct.

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The Answer of The Raymond Burr National Bank has $1,000 in assets with an average duration of 5 years.This bank has $800 in liabilities with an average duration of 6.25 years.What is the duration gap of this bank?
A)-1.25 years
B)0 years
C)1.25 years
D)-2.25 years
E)None of the options is correct.

The Raymond Burr National Bank Has $1,000 in Assets with an Average