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A bond is priced at 1169 and has a YTM of 0.055 when interest rates suddenly change by -80 basis points. The bond's price changes

A bond is priced at 1169 and has a YTM of 0.055 when interest rates suddenly change by -80 basis points. The bond's price changes to 1213 Calculate the duration for this bond. 5.22924.96365.90675.74545.5295

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