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Use TI-83/84 calculator Assume a bond with a $1,000 par value and an 11 percent coupon rate, two years remaining to maturity, and a 10

Use TI-83/84 calculator

Assume a bond with a $1,000 par value and an 11 percent coupon rate, two years remaining to maturity, and a 10 percent yield to maturity . The duration of this bond is _____years

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