Question: 1. Prepare a duration table under the following assumptions a. $100,000 fully amortizing loan b. Annual payments c. 20-year amortization d. 7% stated rate e.
1. Prepare a duration table under the following assumptions a. $100,000 fully amortizing loan b. Annual payments c. 20-year amortization d. 7% stated rate e. 7% yield
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