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a . Find the duration of a 1 0 . 2 5 % coupon bond making annual coupon payments if it has 3 years until

a. Find the duration of a 10.25% coupon bond making annual coupon payments if it has 3 years until maturity and a yield to maturity of 9.55%.
b. What is the duration if the yield to maturity is 13.55%?
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