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A 10-year bond with quarterly coupons of 8% is priced at par. Calculate the Modified duration used to estimate changes in the yield rate convertible

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A 10-year bond with quarterly coupons of 8% is priced at par. Calculate the Modified duration used to estimate changes in the yield rate convertible quarterly. D 6.976 A 10-year bond with quarterly coupons of 8% is priced at par. Calculate the Modified duration used to estimate changes in the yield rate convertible quarterly. D 6.976

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