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Calculate how the total PV if the RRR rises from 4% to 4.01%(annual coupons is 3%) Compare your PVs for these two different RRRs to

Calculate how the total PV if the RRR rises from 4% to 4.01%(annual coupons is 3%) Compare your PVs for these two different RRRs to derive an estimate of the duration of the bond. What is the reason for the difference between the maturity of this bond and its duration?

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