Calculate the duration of a one-year fixed payments loan
Calculate the duration of a one-year fixed payments loan with monthly payments of $150 and yield to maturity of 12%. Use this number to determine the % change in the price of this loan if interest rates increase to 14%.
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calculate the duration of a one-year fixed payments loan with monthly payments of 150 and yield to maturity of 12 use
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you borrowed 36000 at 10 apr to buy a car and you have to make equal monthly payments for 60months starting next month
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