What is the modified duration of a semiannual-pay 8.08 percent coupon bond with 10 years to maturity

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What is the modified duration of a semiannual-pay 8.08 percent coupon bond with 10 years to maturity and a yield to maturity of 11.81 percent?

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Financial Institutions Management A Risk Management Approach

ISBN: 978-0071051590

8th edition

Authors: Marcia Cornett, Patricia McGraw, Anthony Saunders

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Posted Date: Feb 29, 2024 12:35 AM

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What is the modified duration of a semiannual-pay 8.08 percent coupon bond with 10 years to maturity

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Financial Institutions Management A Risk Management Approach

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