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The value of a 5-year 5% coupon bond with face value $10,000 is currently $9,000. What is the duration (in years) of the coupon bond?

The value of a 5-year 5% coupon bond with face value $10,000 is currently $9,000. What is the duration (in years) of the coupon bond? Round your answer to at least 2 decimal places.

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