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What is the duration of a 3 year, 5% annual coupon bond when the yield to maturity is 4.25%? 2.86 years 3.47 years 5.12 years
What is the duration of a 3 year, 5% annual coupon bond when the yield to maturity is 4.25%? 2.86 years 3.47 years 5.12 years 15 years 2.59 years
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