(b) Calculate the duration of a two-year corporate bond paying 6 percent interest a annually, selling at par. Principal
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(b) Calculate the duration of a two-year corporate bond paying 6 percent interest a annually, selling at par. Principal
(b) Calculate the duration of a two-year corporate bond paying 6 percent interest a annually, selling at par. Principal of $20,000,000 is due at the end of two years.
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