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NEED ANSWER FAST PLEASE A bond is priced at 938 and has a YTM of 0.11 when interest rates suddenly change by 40 basis points.

NEED ANSWER FAST PLEASE

A bond is priced at 938 and has a YTM of 0.11 when interest rates suddenly change by 40 basis points. The bond's price changes to 959 Calculate the duration for this bond. 4.9701 5.4019 5.9393 62127 5355

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