Question: Question Completion Status: QUESTION 25 The average durations and dollar amounts of assets and liabilities held in Freedom Bank are shown below: Asset and Liability

 Question Completion Status: QUESTION 25 The average durations and dollar amounts

Question Completion Status: QUESTION 25 The average durations and dollar amounts of assets and liabilities held in Freedom Bank are shown below: Asset and Liability Items Avg.Duration(yrs) Amount Investment Grade Bond Portfolio Commercial Loans Consumer Loans Deposits 12.00 $65.00 4.00 $400.00 8.00 $250.00 1.10 $600.00 0.25 $50.00 a. What is the duration of Freedom Bank's asset portfolio? b. What is the duration of Freedom Bank's liability portfolio? What is its duration gap? Nondeposit Borrowings TTT Arial (12011 T. E.. Click Save and Submit to see and submit Click Save All Amers to s ell am

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