PLEASE ITS URGENT, PLEASE ITS URGENT

A loan on the balance sheet of a Financial Institution is producing the following cash flows:

• $80,000 in 6 months from now
• $80,000 in 1 year from now
• $80,000 in 2 year from now
• $80,000 in 30 months from now
• $80,000 in 3 year from now
• $1,080,000 in 5 years from now

If the yield is 8% per year, what is the duration of this loan?

A. 2.82 years

B. 3.54 years

C. 3.95 years

D. 3.77 years

E. 3.28 years