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Animal Kingdom Financial has assets of $1 million invested in 3-year, 7.25% annual coupon bonds selling at par. What is the duration of the bonds?
Animal Kingdom Financial has assets of $1 million invested in 3-year, 7.25% annual coupon bonds selling at par. What is the duration of the bonds?
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Cash Flow Stock Investing
Authors: Randall Stewart
1st Edition
1980883300, 978-1980883302
