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Suppose that you receive $4,000 at year 2, $8,000 at year 9, and $3,000 at year 17. Given an interest rate 7.4%, what is the

Suppose that you receive $4,000 at year 2, $8,000 at year 9, and $3,000 at year 17. Given an interest rate 7.4%, what is the duration of these cash flows? (nearest 0.01 years)

AMSWER MUST BE 7.00

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