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There are three annual coupon paying bonds with a time to maturity of 6.0,7.0, and 8.0 years. All three bonds have a coupon rate of

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There are three annual coupon paying bonds with a time to maturity of 6.0,7.0, and 8.0 years. All three bonds have a coupon rate of 9% and a YTM of 5%. What is the duration of each bond? Duration of 6.0 7.0 8.0

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