Question: please do it manuly Problem 5 (10 points) An investor buys a 8% semi-annual payment bond with three years to maturity. The bond has a

 please do it manuly Problem 5 (10 points) An investor buysplease do it manuly

Problem 5 (10 points) An investor buys a 8% semi-annual payment bond with three years to maturity. The bond has a yield-to-maturity of 11% and is currently priced at 92.5067 per 100 of par. What is the bond's modified duration

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