Question: L. A Moving to another question will save this response. Question 1 of 26 > >> Question 1 2 points Save Answer Consider a three-year

 L. A Moving to another question will save this response. Question

L. A Moving to another question will save this response. Question 1 of 26 > >> Question 1 2 points Save Answer Consider a three-year bond that has a face vlaue of $1000 and pays an annual coupon of 7 percent. If the current yield to maturity on this bond is 14 percent, what is its duration

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