Pearson eText Foundations of Finance -- Instant Access (Pearson+)
Pearson eText Foundations of Finance -- Instant Access (Pearson+)
10th Edition
ISBN: 9780135639382
Author: Arthur Keown, John Martin
Publisher: PEARSON+
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Chapter 15, Problem 17SP
Summary Introduction

To discuss: Whether the given sources of short-term credits are secured or unsecured.

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What is the duration of a four-year Treasury bond with a 10 percent semiannual coupon selling at par?
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