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Question 14 6.25 pts If interest rates are 5%, what is the duration of a $500 lump sum payment due in 2 years? 1.75 years.

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Question 14 6.25 pts If interest rates are 5%, what is the duration of a $500 lump sum payment due in 2 years? 1.75 years. 1.93 years. 1.5 years. 2 years. 1.97 years

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