9-87 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.
Correct Answer:
Verified
Q91: 9-101 What is the bond's price?
A)$962.09.
B)$961.39.
C)$1,000.
D)$1,038.90.
E)$995.05.
Q92: 9-96 If interest rates increase by 20
Q93: 9-90 What is the duration of this
Q94: 9-85 If rates do not change,the balance
Q95: 9-98 What is the duration of the
Q97: 9-86 What is the interest rate risk
Q98: 9-91 If interest rates increase by
Q99: 9-89 Use the duration model to approximate
Q100: 9-83 What is the FI's leverage-adjusted duration
Q101: 9-108 If all interest rates decline 90
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