Question: Answer correct and complete with all steps. Consider a two-year bond with a face value of $100 and a coupon of 12%, annually paid. Assume

Answer correct and complete with all steps.

Answer correct and complete with all steps. Consider a two-year bond with

Consider a two-year bond with a face value of $100 and a coupon of 12%, annually paid. Assume that the yield on the bond is 10% per annum with continuous compounding. What is the bond's duration

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