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What is the duration of a bond with annual payments of 6% coupon rate, $1,000 par value, 7 years to maturity, yielding 5.25% ? 6.11

What is the duration of a bond with annual payments of 6% coupon rate, $1,000 par value, 7 years to maturity, yielding 5.25% ? 6.11 years 5.72 years 7 years 6.15 years 5.94 years

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