Question: 45First Duration, a securities dealer, has a leverage-adjusted duration gap of 1.41 years, $60 million in assets, 7 percent equity to assets ratio, and market

45First Duration, a securities dealer, has a leverage-adjusted duration gap of 1.41 years, $60 million in assets, 7 percent equity to assets ratio, and market interest rates are 9 percent. What is the...

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