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A pension plan is obligated to make disbursements of $2.3 million, $3.3 million, and $2.3 million at the end of each of the next three

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A pension plan is obligated to make disbursements of $2.3 million, $3.3 million, and $2.3 million at the end of each of the next three years, respectively. Find the duration of the plan's obligations if the interest rate is 11% annually. (Do not round Intermediate calculations. Round your answer to 4 decimal places.) Duration

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