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Assume we have a 1 1 year 5 . 6 8 % coupon bond selling for $ 1 , 0 0 0 and callable at

Assume we have a 11 year 5.68% coupon bond selling for $1,000 and
callable at par with semi-annual compounding. What would be the
EFFECTIVE DURATION if the interest rates could change by 50 basis points
(annually)?

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