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Clementine County's assets have a market value of $8,000,000 and a duration of 27 at the current market interest rate of 5.5%. Use the duration

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Clementine County's assets have a market value of $8,000,000 and a duration of 27 at the current market interest rate of 5.5%. Use the duration formula to estimate the value of the assets if the market interest rate changes from 5.5% to 4.9%. 9.228 million 9.356 milion 9.107 million 9.012 million

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