Question: What is the duration for a 4 - year time to maturity, 4 % coupon with Face Value of $ 1 , 0 0 0

What is the duration for a 4-year time to maturity, 4% coupon with Face Value of $1,000 and YTM=6%?(Assume coupons are paid annually.)
Group of answer choices
2.73 years
3.77 years
2.41 years
1.88 years
3.35 years

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