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1a. A bond portfolio has a current market value of $230,000,000. Bonds in the portfolio are expected to produce semi-annual cash flows of $17,000,000 for
1a. A bond portfolio has a current market value of $230,000,000. Bonds in the portfolio are expected to produce semi-annual cash flows of $17,000,000 for the next 10 years. What is the annual bond por...
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