Question: 2 points Consider a three-year bond that has a face vlue of S1000 and pays an annual coupon of 9 percent. If the current yield

 2 points Consider a three-year bond that has a face vlue

2 points Consider a three-year bond that has a face vlue of S1000 and pays an annual coupon of 9 percent. If the current yield to maturity on this bond is 5 percent, what is its duration

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