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WE KS ONLINE LINKS TECHNICAL LINKS For the following bond, Par value: 1,000 Coupon rate: 8% paid annually Time to maturity: 3 years Interest rate:

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WE KS ONLINE LINKS TECHNICAL LINKS For the following bond, Par value: 1,000 Coupon rate: 8% paid annually Time to maturity: 3 years Interest rate: 7% What is the modified duration? Select one: a. 3.18 years b. 3.53 years O c. 2.10 years d. 2.60 years

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