Question: Given that the price function is P(i) = 2500*(1-51-0.312), calculate the modified duration of P(i) at i = 4%. Enter your answer to 2 decimal

Given that the price function is P(i) = 2500*(1-51-0.312), calculate the

Given that the price function is P(i) = 2500*(1-51-0.312), calculate the modified duration of P(i) at i = 4%. Enter your answer to 2 decimal places

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