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a) A 30 year, $1,000 par value bond with an 8% coupon rate is selling at par value. The modified duration of the bond is

a) A 30 year, $1,000 par value bond with an 8% coupon rate is selling at par value. The modified duration of the bond is 11.25 years and its convexity is 210.00. If the bond's yhield to maturity in...

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