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7. Given the following information about Triple D bond determine the duration of this bond.* $1,050 Current Market Value Current yield-to-maturity Market Value if the

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7. Given the following information about Triple D bond determine the duration of this bond.* $1,050 Current Market Value Current yield-to-maturity Market Value if the yield increases by 25 basis points 6% $1,030 a. 10.11 years O b. 8.08 years O c.9.02 years O d. 7.46 years e. None of the above

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