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3. Prepare a duration table under the following assumptions a. $100,000 fully amortizing loan b. Annual payments c. 20-year amortization d. 15% stated rate e.

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3. Prepare a duration table under the following assumptions a. $100,000 fully amortizing loan b. Annual payments c. 20-year amortization d. 15% stated rate e. 17% yield

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