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    Exam 9: Interest Rate Risk II
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    What Is the Duration of the Municipal Notes (The Value
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What Is the Duration of the Municipal Notes (The Value

Question 86

Question 86

Multiple Choice

What is the duration of the municipal notes (the value of x) ?


A) 1.94 years.
B) 2.00 years.
C) 1.00 years.
D) 1.81 years.
E) 0.97 years.
[Refer to: 9-128]

Correct Answer:

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