Sarathecutegirl10011 Sarathecutegirl10011

12-01-2024
Business

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Consider a six-year annual bond paying a 5% coupon, with a yield to maturity of 4.5%. What is the duration of the bond?

A) 5.72 years
B) 4.50 years
C) 6.00 years
D) 3.90 years

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