[Solved] There are three annual coupon paying bond

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There are three annual coupon paying bonds with a time to maturity of 5.0,6.0, and 70 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 5.0,6.0, and 70 years. All three bonds have a coupon rate of 3% and a YTM of 9%. What is the duration of each bond? Duration of 5.0 16.0 7.O

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