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A bond pays a coupon rate of 8%, has 4 years to maturity and a yield to maturity of 8%. What is the Modified duration

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"A bond pays a coupon rate of 8%, has 4 years to maturity and a yield to maturity of 8%. What is the Modified duration of this bond?" 2.83 O2.62 3.44 O 3.19 O None of the above

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