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1) What is the duration of a 3-year par value zero coupon bond yielding 10 percent annually? O a. 2.50 years. O b. 2.00 years.
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What is the duration of a 3-year par value zero coupon bond yielding 10 percent annually? O a. 2.50 years. O b. 2.00 years. OC. 4.40 years. O d. 3.00 years Step by Step Solution
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