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A semi-annual bond that pays 7.5% has 7 years to maturity. Its yield to maturity is 6% and its par is $100. What is the

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A semi-annual bond that pays 7.5% has 7 years to maturity. Its yield to maturity is 6% and its par is $100. What is the duration for this bond (D)? Question 16 1 pts Relative to actively-managed bond funds, the major advantage of bond index funds is their: lower duration. ability to shelter income from taxes. lower expense ratios. O higher performance

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