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Find the duration of a 6% coupon bond making semiannually coupon payments if it has three years until maturity and has a yield to maturity
Find the duration of a 6% coupon bond making semiannually coupon payments if it has three years until maturity and has a yield to maturity of 6%.
What is the duration if the yield to maturity is 10%?
Note: The face value of the bond is 100.
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