Question: Moving to another question will save this response. Question 7 Following is are the total items in the asset side of MCB Bank, a hypothetical

Moving to another question will save this response. Question 7 Following is are the total items in the asset side of MCB Bank, a hypothetical company. Assets Market value Pate 60,000 Cash 3-Yr Commercial Loans 1,000,000 5.9% 5-Yr Loans 3,500,000 4.8 % 4-Yr T-bonds 1,000,000 3.4 % Total 5,560,000 Using above information compute the Weighted average duration of assets (WADA) for MCB Bank. Please write the answer in three decimal places and NOT PERCENTAGE, Moving to another question will save this response. MacBook Pro

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