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A zero-coupon bond has 10 years to maturity. The bond has an annual yield of 8%. Whats the bonds modified duration (on a semiannual basis)?

A zero-coupon bond has 10 years to maturity. The bond has an annual yield of 8%. Whats the bonds modified duration (on a semiannual basis)? Hint: This question does not involve lots of calculation. Group of answer choices

18.52

19.23

20.00

10.00

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