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A bond has a maturity of 5 years, a face value of $ 1 , 0 0 0 , a coupon rate of 1 3

A bond has a maturity of 5 years, a face value of $1,000, a coupon rate of 13 percent, and pays interest annually (i.e., one payment per year). The yield-to-maturity of 6 percent.
Given this information, determine the duration of the bond.
Truncate your answer to 2 decimal places. For example, if your answer is 2.666 years, enter "2.66".
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