Question: please show how to do 5. What is the duration of a two-year zero coupon bond that pays $10,000 at maturity and is priced to

please show how to do

5. What is the duration of a two-year zero coupon bond that pays $10,000 at maturity and is priced to yield 9 percent with semiannual compounding? a. 2.00 years b. 2.31 years c. 2.66 years d. 2.79 years

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