Question: 2. For a certain asset, the duration is 10 years and the modified duration is 9.39 years at the same effective interest rate. What is
2. For a certain asset, the duration is 10 years and the modified duration is 9.39 years at the same effective interest rate. What is the effective interest rate? Find the modified duration of a 10-year zero coupon bond, if the present values are based on
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