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The duration of a 5-year zero coupon bond is ____ years with a YTM of 4.5%. a. 5 b. 5.5 c. 9.5 d. 4.5

The duration of a 5-year zero coupon bond is ____ years with a YTM of 4.5%.

a. 5

b. 5.5

c. 9.5

d. 4.5

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