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    Exam 16: Managing Bond Portfolios
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    The Duration of a Perpetuity with a Yield of 6
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The Duration of a Perpetuity with a Yield of 6

Question 54

Question 54

Multiple Choice

The duration of a perpetuity with a yield of 6.5% is


A) 13.50 years.
B) 12.11 years.
C) 16.38 years.
D) Cannot be determined

Correct Answer:

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