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Calculate the duration of a two-year corporate bond paying 9.7 percent interest annually, selling at par. Principal of $520000 is due at the end of
Calculate the duration of a two-year corporate bond paying 9.7 percent interest annually, selling at par. Principal of $520000 is due at the end of two years.
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Personal Finance
Authors: Jeff Madura
5th edition
132994348, 978-0132994347
