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7. A perpetuity makes a payment of C now and every quarter hereafter. The modified duration is 50 quarters. Calculate the annual effective yield on
7. A perpetuity makes a payment of C now and every quarter hereafter. The modified duration is 50 quarters. Calculate the annual effective yield on the perpetuity.
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Health Care Budgeting And Financial Management
Authors: William J. Ward Jr.
2nd Edition
1440833052, 9781440833052
