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Question 7 Consider a three-year bond that has a ace laneofs 1000 aud pays an aumual coupon of 9 percent, KErent ieldo nraloty onAhis bond

Question 7

Consider a three-year bond that has a ace laneofs 1000 aud pays an aumual coupon of 9 percent, KErent ieldo nraloty onAhis bond is pe cent what is ifs duration?

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