toshaa
Oct 31, 2006, 06:53 PM
I do not know how to get started, I need to find the duration of a fixed rate loan.
Fixed rate loan asset is 65 million
Have 5 year maturity, are priced at par and pay 12 percent annual interest.
Thank you
Fixed rate loan asset is 65 million
Have 5 year maturity, are priced at par and pay 12 percent annual interest.
Thank you