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consider a 4 and 1/2 coupon bond with maturity 12 months and face value 100,000. if the bond is currently trading at 2.25 (semi-annua) what

consider a 4 and 1/2 coupon bond with maturity 12 months and face value 100,000. if the bond is currently trading at 2.25 (semi-annua) what is the modified duration of this bond?

a. below 1.5

b. between 1.5 and 1.9

c. between 1.9 and 1.95

d. between 1.95 and 2

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