Find the coupon rate for an annual coupon bond with an 8% yield to maturity...

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Finance

Find the coupon rate for an annual coupon bond with an 8% yield to maturity 3-year maturity and 2.5 years duration

Show that for a 2-year coupon bond selling at par with duration D and YTM r, it holds that D=r+2)/(r+1), what is the implication of this result?

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