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4. (1.6 pts) consider a 3.75% US Treasury bond with 21 years to maturity and semiannual coupon payments that is priced to yield 5.14%. Compute

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4. (1.6 pts) consider a 3.75% US Treasury bond with 21 years to maturity and semiannual coupon payments that is priced to yield 5.14%. Compute the approximate modified duration and the approximate Macaulay duration, assuming a 5 basis points change in the yield-to-maturity

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