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Question 7 1 pts What is the modified duration of a semiannual-pay 11.23 percent coupon bond with 11 years to maturity and a yield to

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Question 7 1 pts What is the modified duration of a semiannual-pay 11.23 percent coupon bond with 11 years to maturity and a yield to maturity of 6.54 percent? Answer to two decimals, carry intermediate calcs. to four decimals

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