Multiple Choice Question

A $5-$year $10\%$ annual coupon bond with face value $$1,000$ is trading at par. When we calculate the duration of this bond $\%$ is the weight of the first coupon that will be paid one year from today.

$9\mathrm{.}09$

$($min$)7\mathrm{.}84$

$12\mathrm{.}43$

$8\mathrm{.}56$

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