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A pension plan is obligated to make disbursements of $2.0 million, $3.0 million, and $2.0 million at the end of each of the next three years, respectively. Find the duration of the plan's obligations if the interest rate is 11% annually.
Financial Management, Finance
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Part A-Budgeting & Financial Analysis Assume the following data for Spring Break Corp: Statement of Income: Balance Sheet: 2017 ...
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