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Find the duration of a 7.6% coupon bond making semiannually coupon payments if it has three years until maturity and has a yield to maturity of 6.0%. What is the duration if the yield to maturity is 12.0%? Note: The face value of the bond is $100

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Find the duration of a 7.6% coupon bond making semiannually coupon payments if it has three years un...

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