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What is the duration of the bond described below: . Face Value: $1,000.00 . Years-to-maturity: 3 . Coupon Rate: 4% . Coupon payments are made

What is the duration of the bond described below: . Face Value: $1,000.00 . Years-to-maturity: 3 . Coupon Rate: 4% . Coupon payments are made annually . Current Market Price: $594 . Yield-to-maturity:...

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