Question: Problem Consider a 2-year coupon bond with a face value of $100 and a coupon rate of 10% per annum payable semiannually and a yield

Problem Consider a 2-year coupon bond with a face value of $100 and a coupon rate of 10% per annum payable semiannually and a yield to maturity (Discount rate) of 12% per annum compounded semiannually. Calculate the bond's duration

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