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"Sooner you recover the money, lesser you are at risk and hence lesser is the duration."

This statement will take care of all the three queries on Duration.

Higher Coupon ----> You'll recover money sooner ----> lesser Risk ---> less duration

Longer maturity ---> You'll get money later ----> higher Risk ---> higher duration

Higher Yield ---> You invested lesser money ---> You'll recover money sooner ----> Lower Risk ---> lower duration

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