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Question 4 (1 point) Calculate the modified duration of a 30-payment annuity immediate with $1 payments and annual effective interest rate i = 0.05. a)

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Question 4 (1 point) Calculate the modified duration of a 30-payment annuity immediate with $1 payments and annual effective interest rate i = 0.05. a) 10.8563 b) 12.5675 c) 13.1959 d) 11.3992 e) 11.9691

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