(a) Find the duration and modified duration for the bond in Question 5.24(a). (b) Using the same...

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(a) Find the duration and modified duration for the bond in Question 5.24(a).

(b) Using the same notation as in the text, the method ofequated time gives a single-time value ofimage text in transcribed

Find 1 for the bond in Question 5.24(a).AppendixLO1

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