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What is the modified duration for a three-year, semi-annual pay, $1,000 par value, 7% coupon bond that is currently priced to yield 6.50%? 05.18 0

What is the modified duration for a three-year, semi-annual pay, $1,000 par value, 7% coupon bond that is currently priced to yield 6.50%? 05.18 0 2.67 O 5.35 2.56

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