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What is the duration of a $1,000 par annual bond with an eight percent annual coupon maturing in five years given a yield to maturity

  1. What is the duration of a $1,000 par annual bond with an eight percent annual coupon maturing in five years given a yield to maturity of five percent?

  2. What is the duration of a $10,000 par semi-annual bond making payments of $300 semi-annually maturing in five and a half years given a yield to maturity of seven percent?

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