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Suppose there is a Treasury bond with exactly 15 years left to maturity, a 5% coupon, par of 100, and a 2.6% yield-to-maturity? (Recall that

Suppose there is a Treasury bond with exactly 15 years left to maturity, a 5% coupon, par of 100, and a 2.6% yield-to-maturity? (Recall that Treasury notes pay semi-annual coupons.) What is the modified duration of this bond?

A 3.41

B 7.99

C 11.17

D 14.23

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