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calculate the duration of a 10-year, $1000 face-value bond with a 9% coupon-rate, assuming that the yield to maturity (market interest rate) was 10%. Also

calculate the duration of a 10-year, $1000 face-value bond with a 9% coupon-rate, assuming that the yield to maturity (market interest rate) was 10%. Also calculate the bond volatility (Percent) and tell what it mean?

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