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Question 8 3 pts A bond with maturity of 7 years, 8% YTM, semi-annual bond has Modified Duration 5.12. How long should you hold the

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Question 8 3 pts A bond with maturity of 7 years, 8% YTM, semi-annual bond has Modified Duration 5.12. How long should you hold the bond to realize 8% return regardless of possible changes in interest rate? A.5.40 years. B.5.32 years. C.5.12 years. D. None of the above

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