Business, 12.04.2021 20:00 andrewblack033

The following entries (in millions of dollars) are from the balance sheet of Rivendell National Bank (RNB): U. S. Treasury bills $ Demand deposits $ Mortgage-backed securities $ Loans from other banks $ C&I loans $ Discount loans $ NOW accounts $ Savings accounts $ Reserve deposits with Federal Reserve $ Cash items in the process of collection $ Municipal bonds $ Bank building $ If RNB's assets have an average duration of years and its liabilities have an average duration of years, what is RNB's duration gap?

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The following entries (in millions of dollars) are from the balance sheet of Rivendell National Ba...

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