Question: . Problem 3-29 (LG 3-6) a. What is the duration of a two-year bond that pays an annual coupon of 11.4 percent and has a

. Problem 3-29 (LG 3-6) a. What is the duration of a two-year bond that pays an annual coupon of 11.4 percent and has a current yield to maturity of 13.4 percent? Use $1,000 as the face value. (Do n...

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