What is the duration of the two-year loan (per $100 face value) if it is selling at par?
A)2.00 years
B)1.92 years
C)1.96 years
D)1.00 year
E)0.91 years [Refer to: 9-95]

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The Answer of What is the duration of the two-year loan (per $100 face value) if it is selling at par?
A)2.00 years
B)1.92 years
C)1.96 years
D)1.00 year
E)0.91 years [Refer to: 9-95]

What Is the Duration of the Two-Year Loan (Per $100