A 4-year maturity 0% coupon corporate bond with a required rate of return of 12% has an annual duration of _______________ years.

Name: A 4-year maturity 0% coupon corporate bond with a required rate of return of 12% has an annual duration of _______________ years.
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A zero-coupon bond's duration is equal to its maturity because it pays no interim cash flows. Therefore, the duration of a 4-year zero-coupon bond is 4 years.

A 4-Year Maturity 0% Coupon Corporate Bond with a Required