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Bond A has a 7% coupon rate, paid annually. Maturity is in three years. The bond sells at par value $1000. The modified diration of

Bond A has a 7% coupon rate, paid annually. Maturity is in three years. The bond sells at par value $1000. The modified diration of this bond is ____ and the dollar duration of this bond is ____.

A. 2.81, 2810

B. 2.59, 2590

C. 2.65, 2650

D. 2.62, 2620

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