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one-year rates during years 4, 5, and 6? 2. What is the duration of a five-year bond that pays an annual coupon of 10 percent

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one-year rates during years 4, 5, and 6? 2. What is the duration of a five-year bond that pays an annual coupon of 10 percent and has a current yield to maturity of 20 percent? Use $10,000 as the face value. 3, MHM Bank currently has $700 million in transaction deposits on its balance sheet. The current reserve requirement in narrant incroncino uirement to 10 norcent but the federal Deserve this

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