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Pioneer Capital has issued a 7% annual coupon bond, 5-year maturity, with YTM =69 and face value $1000. The duration for this bond is 3.11

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Pioneer Capital has issued a 7% annual coupon bond, 5-year maturity, with YTM =69 and face value $1000. The duration for this bond is 3.11 4.15 4.40 4.78 None of the above

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