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Question 2a-Calculate the duration of each of the three bonds. If thecurrent interest rate is 8%.b-If interest rates are expected to increase by 1 percent,

Question 2a-Calculate the duration of each of the three bonds. If thecurrent interest rate is 8%.b-If interest rates are expected to increase by 1 percent, whichbond would you choose and why? Calc 2 answers

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