Question: Eastern Bank holds assets and liabilities whose average durations and dollar amounts are as shown in this table: Asset and Liability lhems Avg. Durationtyrs Investment

 Eastern Bank holds assets and liabilities whose average durations and dollar

Eastern Bank holds assets and liabilities whose average durations and dollar amounts are as shown in this table: Asset and Liability lhems Avg. Durationtyrs Investment Grade Bonds 15.00 years Commercial Loans Consumer Loans Deposits 3.10 years Non-deposit Borrowings 0.35 years 4.00 years 5.00 years SAmount $75.00 $500.00 $350.00 $450.00 $250.00 a- What is the weighted average duration of Eastern Banks asset portfolio and liability portfolio? b- What is the leverage-adjusted duration gap? Show all the steps Use the editor to format your

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