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8. A bond has eighteen months until maturity and par value of $100. It has a 4% annual stated rate with interest rate is

8. A bond has eighteen months until maturity and par value of $100. It has a 4% annual stated rate with semi-annual coupons.

8. A bond has eighteen months until maturity and par value of $100. It has a 4% annual stated rate with interest rate is 3.7% at all maturities. What is semi-annual coupons. The continuously-compounded the duration of the bond?

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