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Suppose a newly issued, 5 year, $ 1 0 0 0 face value bond bears an annual coupon rate of 1 0 % , and

Suppose a newly issued, 5 year, $1000 face value bond bears an annual coupon rate of 10%, and it makes coupon payments annually. The bond is selling for $950. What is the bond's Duration? Round your anwer to two decimal places.

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