Question: Question 22 1 pts Calculate the approximate modified duration for a 10-year, 5% annual-pay bond priced at 106.84307 percent of par for a 5 basis

Question 22 1 pts Calculate the approximate modified duration for a 10-year, 5% annual-pay bond priced at 106.84307 percent of par for a 5 basis point change in the yield to maturity. 7.981 7.853 7.602 Question 22 1 pts Calculate the approximate modified duration for a 10-year, 5% annual-pay bond priced at 106.84307 percent of par for a 5 basis point change in the yield to maturity. 7.981 7.853 7.602

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