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An annuity pays $6,000 at the end of each of the next 25 years. The effective annual interest rate is 10%. Find the modified duration
An annuity pays $6,000 at the end of each of the next 25 years. The effective annual interest rate is 10%. Find the modified duration of this annuity.
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Finance And Strategy Inside China
Authors: Check-Teck Foo
1st Edition
9811328404,9811328412
