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A certain bond portfolio has a value of $1,010 today at a yield of 10%. Yesterday the same portfolio had a value of $1,000 at
A certain bond portfolio has a value of $1,010 today at a yield of 10%. Yesterday the same portfolio had a value of $1,000 at a yield of 11%. Estimate what the modified duration of the bond portfolio was yesterday. Please round your numerical answer to the nearest integer
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