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If you required rate of return is 4%, Calculate the duration of a bond with coupon rate of 4% and maturity of 8 years. Interest

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If you required rate of return is 4%, Calculate the duration of a bond with coupon rate of 4% and maturity of 8 years. Interest is paid annually. PRESENT YOUR ANSWER ROUNDED TO O DECIMAL PLACES. DON'T MAKE INTERMEDIATE ROUNDINGS

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