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Cashflows for bond A are: Year 1 2 3 4 5 Cashflow 105 105 105 105 1,105 Assume the interest rate is 13%. Find the
Cashflows for bond A are:
Year | 1 | 2 | 3 | 4 | 5 |
Cashflow | 105 | 105 | 105 | 105 | 1,105 |
Assume the interest rate is 13%. Find the duration of Bond A.
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