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Consider a bond with 15 years to maturity, a coupon rate of 13% that is paid annually, a face value of $1,000 and a yield

Consider a bond with 15 years to maturity, a coupon rate of 13% that is paid annually, a face value of $1,000 and a yield to maturity of 15%. Compute the duration of this bond. (Hint. First compute the bond price). Please don't use excel and write or type it out.

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