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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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