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QUESTION 1 A semiannual payment bond with a $1,000 par has a 5% coupon rate, a 600 YTM, and 5 years to maturity. What

QUESTION 1 A semiannual payment bond with a $1,000 par has a 5% coupon rate, a 600 YTM, and 5 years to maturity. What is the bond's duration? (round it to two decimal places)

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