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A 10-year zero-coupon bond with a face value of $5,000,000 has the current yield on the portfolio is 10% per annum. This bond matures 10

A 10-year zero-coupon bond with a face value of $5,000,000 has the current yield on the portfolio is 10% per annum. This bond matures 10 years from today.

What is the duration of the bond?

Question 15 options:

	0.5 year
	1 year
	5 years
	10 years

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