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A bond with maturity of & years, 8% YTM, is semi-annual and has a modified duration of 5.12. How long should you hold the bond

A bond with maturity of & years, 8% YTM, is semi-annual and has a modified duration of 5.12. How long should you hold the bond to realize 8% return?

5.4 yrs

5.32

5.12

Something else

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