Bond A is a 5 -year, $1,000 par value bond that pays an annual coupon of 8%. As you can calculate, the price of this bond will be $960.10 if the annual yield-to-maturity is 9.0 percent. Given this information, determine the duration of this bond. Round your answer to 2 decimal places, and enter your answer in X.XX format (years). Note that Canvas will delete trailing zeros if entered