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Consider the following. a. What is the duration of a four-year Treasury bond with a 9 percent semiannual coupon selling at par? b. What is

Consider the following. a. What is the duration of a four-year Treasury bond with a 9 percent semiannual coupon selling at par? b. What is the duration of a three-year Treasury bond with a 9 percent semiannual coupon selling at par? c. What is the duration of a two-year Treasury bond with a 9 percent semiannual coupon selling at par?

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