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7. The duration of a 4-year, 10% par bond with annual coupon payments is approximately A. 3.1 years. B. 3.3 years. C. 3.5 years. D.

7. The duration of a 4-year, 10% par bond with annual coupon payments is approximately A. 3.1 years. B. 3.3 years. C. 3.5 years. D. 3.7 years. E. 3.9 years

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