A bank has D_A = 2.4 years and D_L= 0.9 years. The bank has total equity of $82 million and total assets of $850 million. Interest rates are at 6 percent. What is the bank's duration gap in years?

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The Answer of A bank has D_A = 2.4 years and D_L= 0.9 years. The bank has total equity of $82 million and total assets of $850 million. Interest rates are at 6 percent. What is the bank's duration gap in years?

A Bank Has DA = 2

A Bank Has D_A = 2