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You are given the following information about the 10yr UST benchmark bond. Coupons are paid semi-annually. Tenor Coupon (%) Yield (%) 10 Year 2.25 1.81

You are given the following information about the 10yr UST benchmark bond.

Coupons are paid semi-annually.

Tenor	Coupon (%)	Yield (%)
10 Year	2.25	1.81

Find the approximate duration using the shortcut formula by changing yields by 20bps.

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