A bond has a Macaulay duration equal to 8.3 and a yield to maturity of 6.2%. What

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A bond has a Macaulay duration equal to 8.3 and a yield to maturity of 6.2%. What is the modified duration of this bond?

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Fundamentals Of Investing

ISBN: 9780135175217

14th Edition

Authors: Scott B. Smart, Lawrence J. Gitman, Michael D. Joehnk

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Question Posted: Sep 01, 2022 04:01 AM

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A bond has a Macaulay duration equal to 8.3 and a yield to maturity of 6.2%. What

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Fundamentals Of Investing

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