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What is the duration of a 10 year, zero coupon bond selling for $800? Select one: a. 10.0 years b. 10.1 years c. 9.8 years

What is the duration of a 10 year, zero coupon bond selling for $800?

Select one:

a. 10.0 years

b. 10.1 years

c. 9.8 years

d. 9.9 years

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