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14. Estimate the duration of Loan M Bank Balance SheetCash = $ 50 Loan M (7%,...

14. Estimate the duration of Loan M Bank Balance SheetCash = $ 50 Loan M (7%, 6 years) = $200Deposit N (3 years, 2%) = $ 200 Equity = $ 50Total Assets = $250Total Liabilities = $ 250 3.1 years 4.1 years 5.1 years 6.1 years

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