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Question 3 Not yet answered Marked out of 2.00 P Flag question A company in Oman issued bonds with 600 OMR face value and a

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Question 3 Not yet answered Marked out of 2.00 P Flag question A company in Oman issued bonds with 600 OMR face value and a 15 percent annual coupon rate The current yield to maturity on this bond is 5 percent and the maturity date is 6 years. The current market price is 570.89. Calculate the expected change in the bond price if the yield maturity is expected to increase by 0.0106 and the modified duration of this bond is 5.69 Select one: O a. 40.4841 Ob.-34.4327 Oc. All the given answers in this question are wrong O d. 0.53 Oe. 0.4654

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