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Upvotes will be given for correct answer! Q12- Assuming that the interest rate is 6%, which of the following investments has a higher duration? Must

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Upvotes will be given for correct answer!

Q12- Assuming that the interest rate is 6%, which of the following investments has a higher duration? Must show work to get credit. (5 pts.) Period 1 Period2 Period 3 X 40 40 40 Y 10 10 100

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