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ind the duration of a bond with a settlement date of May 27, 2023, and maturity date November 15, 2034. The coupon rate of the

ind the duration of a bond with a settlement date of May 27, 2023, and maturity date November 15, 2034. The coupon rate of the bond is 6.5%, and the bond pays coupons semiannually. The bond is selling at a bond-equivalent yield to maturity of 7.5%.

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