Question: AGN has issued a bond (A) with a face value of $ 1,000 USD, with an annual coupon payment of 3.5% and maturing in 3

AGN has issued a bond (A) with a face value of $ 1,000 USD, with an annual coupon payment of 3.5% and maturing in 3 years. Given that today's benchmark rate is 3.25%. What is the duration of the bonus?

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