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A two-year bond has a coupon yield of 8% and a yield to maturity of 10%. The bond pays coupons annually and the face value

A two-year bond has a coupon yield of 8% and a yield to maturity of 10%. The bond pays coupons annually and the face value is $1,000. What is the modified duration (volatility) for the bond? 1.75%1.25%2.50%61.95%

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