Question: Bond A and Bond B are both 2 years from maturity, have a 5% YTM, and pays semiannually. Bond A has a 5% coupon rate,
Bond A and Bond B are both 2 years from maturity, have a 5% YTM, and pays semiannually. Bond A has a 5% coupon rate, Bond B has a 9% coupon rate. Calculate the duration of Bond A.
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