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What is the duration (D) of a 2-year bond with a $25 annual coupon (paid annually), $1,000 par, and a yield of 5.5%? Record your
What is the duration (D) of a 2-year bond with a $25 annual coupon (paid annually), $1,000 par, and a yield of 5.5%? Record your answer to the nearest 0.001 years
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