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The current price of a bond is 103.50 if interest rate changes by 0.3% the value of the bond price changes by 1.50. What is

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The current price of a bond is 103.50 if interest rate changes by 0.3% the value of the bond price changes by 1.50. What is the modified duration of the bond? 5.85 5.47 4.83 4.78

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