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What is the modified duration for a three-year, semi-annual pay, $1,000 par value, 8.00% coupon bond that is currently priced to yield 5.22%? 2.60 1.82
What is the modified duration for a three-year, semi-annual pay, $1,000 par value, 8.00% coupon bond that is currently priced to yield 5.22%?
2.60 |
1.82 |
2.67 |
1.44 |
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