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What is the annualized modified duration (D MOD ) of a 2-year bond with a 8.1% coupon rate (coupons paid semiannually), $1,000 par, and a
What is the annualized modified duration (DMOD) of a 2-year bond with a 8.1% coupon rate (coupons paid semiannually), $1,000 par, and a yield of 8.5%? Round to four decimals.
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Contemporary Financial Management
Authors: Don Cyr, Alfred Kahl, William Rentz, R. Moyer
1st Edition
017616992X, 978-0176169923
