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(5 points) Calculate the duration of a 4.75% semiannual coupon bond that matures in 7 years and trades at a YTM of 5%. Your answer
(5 points) Calculate the duration of a 4.75% semiannual coupon bond that matures in 7 years and trades at a YTM of 5%. Your answer should show the duration to the nearest 1,000th
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