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note that the previous answers on part 2 were wrong. Intro A corporate bond has 2 years to maturity, a coupon rate of 8%, a

note that the previous answers on part 2 were wrong.

Intro A corporate bond has 2 years to maturity, a coupon rate of 8%, a face value of $1,000 and pays coupons semiannually. The market interest rate for similar bonds is 9.5%. What is the bond's duration in years

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