Question: Moving to another question will save the Question 20 2 points Consider a three-year bond that has a face vlaue of S1000 and pays an

 Moving to another question will save the Question 20 2 points

Moving to another question will save the Question 20 2 points Consider a three-year bond that has a face vlaue of S1000 and pays an annual coupon of 4 percent. If the current yield to maturity on this bond is 7 percent. what is its duration

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