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On March 1, 2028, you buy a 10-year bond originally issued on March 1, 2024 with a 5.1% annual coupon. What is the duration stated

On March 1, 2028, you buy a 10-year bond originally issued on March 1, 2024 with a 5.1% annual coupon.

What is the duration stated in years of this bond as of your purchase date if your expected YTM is 4.5%?

A) 7.65 years

B) 10.00 years

C) 6.0 years

D) 5.10 years

E) 5.33 years

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