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
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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
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