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Use the following information to answer this question. Dorsey, Driscoll, and Dillon are planning to purchase a 7% coupon bond with 2 year to maturity,

Use the following information to answer this question. Dorsey, Driscoll, and Dillon are planning to purchase a 7% coupon bond with 2 year to maturity, and a yield-to-maturity of 7%. What are the durations of this bond if interest is paid annually, semi-annually, and quarterly?

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