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Find the duration of a 7% coupon bond making annual coupon payments if it has three years until maturity and a yield to maturity of
Find the duration of a 7% coupon bond making annual coupon payments if it has three years until maturity and a yield to maturity of 6.4%. What is the duration if the yield to maturity is 10.4%? 6.4% YTM 10.4% YTM What is the duration?
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