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bachelor in business administration
Polytechnic State University Sanluis
Jan-2006 - Nov-2010
CPA
Polytechnic State University
Jan-2012 - Nov-2016
Professor
Harvard Square Academy (HS2)
Mar-2012 - Present
Duration - Blue Steel Community Bank has the following market value balance sheet:
|
Asset or Liability |
Market Value (in $ millions ) |
Duration(in years) |
|
Federal funds deposits |
$31 |
0 |
|
Account receivable |
630 |
0.2 |
|
Short - term loans |
390 |
0.65 |
|
Long - term loans |
98 |
5.25 |
|
Mortgages |
346 |
12.85 |
|
Checking and saving deposit |
585 |
0 |
|
Certificate of deposite |
310 |
1.6 |
|
Long - term financing |
305 |
9.8 |
|
Equity |
295 |
N/A |
1. What is the duration of the assets?
2. What is the duration of the liabilities?
3. Is the bank immune to interest rate risk?
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