Question: Learning Objective 5 P11.29 A bond has a Macaulay duration equal to 9.8 and a yield to maturity of 8%. What is the modified duration

Learning Objective 5 P11.29 A bond has a Macaulay duration equal

Learning Objective 5 P11.29 A bond has a Macaulay duration equal to 9.8 and a yield to maturity of 8%. What is the modified duration of this bond

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