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Posted on Jun 06, 2024

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 makingannualcoupon payments if it has three years until maturity and a yield to maturity of 6.6%. What is the duration if the yield to maturity is 10.6%?(Do not round intermediate calculations. Round your answers to 4 decimal places.)

6.6% YTM Duration:

10.6% YTM Duration: _

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