What is duration if the yield to maturity

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Find the duration of a 6% coupon bond making annual coupon payments if it has three years until maturity and a yield to maturity of 6.7%. What is the duration if the yield to maturity is 10.7%? (Do not round intermediate calculations. Round your answers to 4 decimal places.)

6.7% YTM Duration:

10.7% YTM Duration:

Reference no: EM131356036

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