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Manually compute the modified duration for the following bond: Maturity Date: 04/20/2017 Settlement Date: 02/05/2016 Coupon Rate: 10% Coupon Frequency: Semiannual Yield-to-Maturity: 12% Day Count

Manually compute the modified duration for the following bond:

Maturity Date: 04/20/2017

Settlement Date: 02/05/2016

Coupon Rate: 10%

Coupon Frequency: Semiannual

Yield-to-Maturity: 12%

Day Count Convention: 30/360 (European)

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