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Consider a 30-year semiannual bond with an 8% coupon rate. What is the bonds duration if its YTM is 7%? Question 12 options: 9.5 years

Consider a 30-year semiannual bond with an 8% coupon rate. What is the bonds duration if its YTM is 7%?

Question 12 options:

9.5 years

11.4 years

12.6 years

15.1 years

16.6 years

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