A U.S. bank has assets that are valued at $326.88 billion. The same bank has...

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Finance

A U.S. bank has assets that are valued at $326.88 billion. The same bank has liabilities that are worth $294.17 billion. Suppose the duration of the assets is 9.41 and the duration of the liabilities is 7.77. What is the duration of the bank's equity?

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