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an eight year strip has a $5,000 face value What is the duration of a two-year bond that pays an annual coupon of 8% and

an eight year strip has a $5,000 face value
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What is the duration of a two-year bond that pays an annual coupon of 8% and whose current yield to maturity is 14% 2.0 years 1.92 years 1.711 years None of the above

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