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2. Consider a bond that promises the following cash flows. Year : 0 1 2 3 4 Promised Payments: 150 170 210 360 Assuming all

2. Consider a bond that promises the following cash flows. Year : 0 1 2 3 4 Promised Payments: 150 170 210 360 Assuming all market interest rates are 10%, what is the duration of this bond?

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