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Calculate the duration of a 5% coupon, 7% YTM, annual payment bond with a par value of $1,000, priced at $918.00. 3.57 4.23 4.41 4.52

Calculate the duration of a 5% coupon, 7% YTM, annual payment bond with a par value of $1,000, priced at $918.00.

		3.57
		4.23
		4.41
		4.52
		None of the above

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