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Save A 4 points QUESTION 30 A zero-coupon bond is selling at a deep discount price of $490. It matures in 11 years. If the

Save A 4 points QUESTION 30 A zero-coupon bond is selling at a deep discount price of $490. It matures in 11 years. If the yield to maturity of the bond is 6.7%, what is the duration of the bond? A. 9 years B. 11 years C.5.7 years D. 7 years

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