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a. What is the duration of a two-year bond that pays an annual coupon of...

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Accounting

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a. What is the duration of a two-year bond that pays an annual coupon of 10.2 percent and has a current yield to maturity of 12.2 percent? Use $1,000 as the face value. (Do not round intermediate calculations. Round your answer to 4 decimal places. (e.g., 32.1616)) b. what is the duration of a two-year zero-coupon bond that is yielding 11.5 percent? use $1,000 as the face value. a. Duration years b. Duration years

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