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You have discovered that when the required rate of return on a bond you own fell by 0.5 percent from 8.3 percent to 7.8 percent, the fair present value rose from $955 to $975. What is the duration of this bond? Assume annual payments.
Business Management, Management Studies
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What are some differences between Transaction Processing Information Systems and Management Information Systems?
What is Big Data? How are Facebook and other companies using this data about you to make money and are you ok with it?
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Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate
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