Calculate the duration of a commercial loan the face value
Calculate the duration of a commercial loan. The face value of the loan is $2,000,000. It requires simple interest yearly, with an APR of 8%. The loan is due in four years. The current market rate for such loans is 8%.
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the value of a 100000 fixed-rate 30-year mortgage falls to 89537 when interest rates move from 5 to 6 what is the
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calculate the duration of a commercial loan the face value of the loan is 2000000 it requires simple interest yearly
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