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Page 1015 Question 1 (7 points) You have discovered that when the required return of a bond you own fell by 0.3% from 9 75%

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Page 1015 Question 1 (7 points) You have discovered that when the required return of a bond you own fell by 0.3% from 9 75% to 9 45%, the price rose from $965 to $980. What is the duration of this bond assume semiannual of compounding interest? Os 69 years 4.25 years O 0.06 years 5.43 years

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