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Question 15 Modified duration of a 7 years to maturity zero coupon bond with a yield-to-maturity of 3.28% is closest to: Selected Answer: 7.00 X

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Question 15 Modified duration of a 7 years to maturity zero coupon bond with a yield-to-maturity of 3.28% is closest to: Selected Answer: 7.00 X A. Answers: 7.00 A 6.78 B. Cannot be determined. C. 5.31 D

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