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Calculate the modified duration of a 8% coupon, 7.2% YTM, 5-year annual payment bond, with a par value of $1,000. 4.03 4.32 4.36 5.00 None

Calculate the modified duration of a 8% coupon, 7.2% YTM, 5-year annual payment bond, with a par value of $1,000.

4.03

4.32

4.36

5.00

None of the above

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