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Whats is the approximate modified duration of the bond assuming a 50 np change in its annual yield-to-maturity? Annualized Yield. Bond's price 8.50%. 96.899 8.95%.

Whats is the approximate modified duration of the bond assuming a 50 np change in its annual yield-to-maturity?

Annualized Yield. Bond's price

8.50%. 96.899

8.95%. 94.212

9.05%. 93.629

9.50%. 91.059

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