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a. Find the duration of a 6% coupon bond making annual coupon payments if it has three years until maturity and a yield to maturity

a. Find the duration of a 6% coupon bond making annual coupon payments if it has three years until maturity and a yield to maturity of 6%. b. What is the duration if the yield to maturity is 10%?

*Kindly explain each part of the math.

*Kindly show all the calculation

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