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A bond is priced at 807 and has a YTM of 0.045 when interest rates suddenly change by 70 basis points. The bond's price changes

A bond is priced at 807 and has a YTM of 0.045 when interest rates suddenly change by 70 basis points. The bond's price changes to 780 Calculate the duration for this bond. 5.5591 4.9947 5.2195 4,7549 4.5252

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