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Calculate the duration of a bond given the following information: Face value:$1000 Coupon rate:3.6% p.a. Coupon frequency:Quarterly Time to maturity:9 months Interest rate:2.4% p.a.(B.E.Y convention

Calculate the duration of a bond given the following information:

Face value:$1000

Coupon rate:3.6% p.a.

Coupon frequency:Quarterly

Time to maturity:9 months

Interest rate:2.4% p.a.(B.E.Y convention - all maturities)

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