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The duration of a 5 year zero coupon bond with a 7.5% Yield to Maturity is: a. 4.5 years b. 5 years c. 5.5 years
The duration of a 5 year zero coupon bond with a 7.5% Yield to Maturity is:
| a. | 4.5 years |
| b. | 5 years |
| c. | 5.5 years |
| d. | 7.5 years |
| e. | None of the above is correct. |
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