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Bank of North Americans (BNA) has total assets of $250 million with duration of 3.5 years...

Bank of North Americans (BNA) has total assets of $250 million with duration of 3.5 years and total liabilities of $225 million with duration of 1.25 years. If the interest rates decline from 9% to 8% what will the impact on the bank's net worth in absolute terms (or in dollars).

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jeff jeffy answered 2 years ago
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