Question: Assume you purchased a 7 - year zero with a face value of $ 5 0 , 0 0 0 and YTM of 5 %

Assume you purchased a 7-year zero with a face value of $50,000 and YTM of 5%. What is the duration of this 7-year zero?
a.6.08 years
b.7.00 years
c.6,22 years
d.6.76 years
Clear my choice
Assume you purchased a 7 - year zero with a face

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