Question: Problem 1 1 - 2 0 ( Algo ) Required: Find the duration of a bond with settlement date June 7 , 2 0 2

Problem 11-20(Algo) Required: Find the duration of a bond with settlement date June 7,2023, and maturity date December 7,2032. The coupon rate of the bond is \(6\%\), and the bond pays coupons semiannually. The bond is selling at a yield to maturity of \(7\%\). Note: Do not round intermediate calculations. Round your answers to 4 decimal places.
Problem 1 1 - 2 0 ( Algo ) Required: Find the

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