Question: Please do NOT solve in Excel function. thank you Compute the modified duration for a 5-year bond paying annual coupons of 8% and having a

 Please do NOT solve in Excel function. thank you Compute the
Please do NOT solve in Excel function. thank you

Compute the modified duration for a 5-year bond paying annual coupons of 8% and having a yield to maturity of 5.5%

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