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Calculate the duration of an 8% coupon bond that makes annual coupon payments that is currently priced at $950 and has three years left to

Calculate the duration of an 8% coupon bond that makes annual coupon payments that is currently priced at $950 and has three years left to maturity. a. 2.4 years b. 2.6 years c. 2.8 years d. 3.2 years e. 3.0 years

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