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An insurance company is analyzing the following three bonds, each with five years to maturity, annual interest payments, and is using duration as its measure

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An insurance company is analyzing the following three bonds, each with five years to maturity, annual interest payments, and is using duration as its measure of interest rote risk. What is the duration of each of the three bonds? (Do not round intermediate calculations. Round your answers to 2 decimal piaces. (e.9.32.16))

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