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Calculate the duration (measured in six-monthly periods) for a coupon-paying bond maturing in two years,where the bond has a face value of $100 000,yield of 7% p.a.and coupon rate of 9% p.a.Assume interest rates are paid half yearly and the last coupon payment has just been made.
Brain Cells
The cells in the brain, including neurons and glial cells, that process and transmit information through electrical and chemical signals.
Biological Theories
A set of theories in psychology and sociology that attributes human behaviors and characteristics, including criminality, to biological factors such as genetics, neurotransmitter levels, and brain structure.
Central Nervous System
Consists of the brain and spinal cord, responsible for processing and transmitting information in the body.
Peripheral Nervous System
The portion of the nervous system that lies outside the brain and spinal cord, involving nerves and ganglia, responsible for relaying sensory information and controlling voluntary and involuntary functions.
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