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A 10% coupon corporate bond maturing in 2 years is selling at $1,040. What is the duration of this bond? A. 1.812 years. B. 1.836
A 10% coupon corporate bond maturing in 2 years is selling at $1,040. What is the duration of this bond?
- A. 1.812 years.
- B. 1.836 years.
- C. 1.909 years.
- D. 1.911 years.
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