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  3. Study Set
    Financial Institutions Management
  4. Exam
    Exam 9: Interest Rate Risk II
  5. Question
    Duration Is the Weighted-Average Present Value of the Cash Flows
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Duration Is the Weighted-Average Present Value of the Cash Flows

Question 52

Question 52

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Duration is the weighted-average present value of the cash flows using the timing of the cash flows as weights.

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