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Suppose you buy a newly issued, 14-year, 5% annual coupon bond. The bond's yield to maturity is 6% stated as an effective annual rate. You

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Suppose you buy a newly issued, 14-year, 5% annual coupon bond. The bond's yield to maturity is 6% stated as an effective annual rate. You plan to liquidate the bond in 6 years. What is the duration gapin this scenario? Round your answer to three decimal places Select the closest answer. 0 -4.21 6.32 0 -9.43 04.19 O 5.43

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