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calculate the duration of a two-year corporate bond paying 6 percent interest annually, selling at par. principal of $20,000,000 is due at the end of two years.
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29 votes
calculate the duration of a two-year corporate bond paying 6 percent interest annually, selling at par. principal of $20,000,000 is due at the end of two years.

User Andrew Weir
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12 votes

Answer: 1.94 years.

Explanation: Hope this Helps

User Matthuhiggins
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