Find the duration of a 4.0% coupon bond making semiannually coupon payments if it has three years until maturity and has a yield to maturity of 6.0%. What is the duration if the yield to maturity is 6.0% ? Note: The face value of the bond is $100. (Do not round Intermediate calculations. Round your answers to 4 decimal places.) 6% YTM 6% YTM Years Years

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