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    Exam 9: Interest Rate Risk II
  5. Question
    What Is the Duration of an 8 Percent Annual Payment
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What Is the Duration of an 8 Percent Annual Payment

Question 59

Question 59

Multiple Choice

What is the duration of an 8 percent annual payment two-year note that currently sells at par?


A) 2 years.
B) 1.75 years.
C) 1.93 years.
D) 1.5 years.

Correct Answer:

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