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Calculate the duration of a two-year corporate bond paying 5 percent interest annually, selling at par. Principal of $20,000,000 is due at the end of

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Calculate the duration of a two-year corporate bond paying 5 percent interest annually, selling at par. Principal of $20,000,000 is due at the end of two years. Assume that bond pays annual coupon payment. 2.00 years. 1.91 years. 1.95 years. 1.49 years. 1.75 years

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