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A two-year bond with face value of 1000 and a continuously compounded yield of 8% pays a 6% coupon semiannually. The bond modified duration is
A two-year bond with face value of 1000 and a continuously compounded yield of 8% pays a 6% coupon semiannually. The bond modified duration is O a. 1.772 O b. 1.839 O c. 1.645 O d. 2.021
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