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Consider a 10-year bond that makes semiannual coupon payments, which was issued 1 year and 167 days ago. If the coupon rate is 8% and

Consider a 10-year bond that makes semiannual coupon payments, which was issued 1 year and 167 days ago. If the coupon rate is 8% and the yield to maturity is 4.37% (continuously compounded), what is the duration (round to second decimal place)?

Matlab can be used

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