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Consider a 20-year maturity, 9% annual coupon bond trading at a price of 134.41. When rates rise 0.001, price reduces to 132.99, and when rates

Consider a 20-year maturity, 9% annual coupon bond trading at a price of 134.41. When rates rise 0.001, price reduces to 132.99, and when rates decrease by 0.001, price goes up to 135.85. What is the modified duration of the bond?

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