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Eurobonds pay coupons annually. Suppose the annual coupon is 6% (Paid Semiannually). The face value of the two years bond is $1,000, and the current

Eurobonds pay coupons annually. Suppose the annual coupon is 6% (Paid Semiannually). The face value of the two years bond is $1,000, and the current yield to maturity (R) is also 10%. What is the duration?

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