Question: QUESTION 31 What is the correct formula for cell B9 to calculate the modified duration? B 1 Settlement Date 2 Maturity Date 3 Coupon Rate

QUESTION 31 What is the correct formula for cell B9 to

QUESTION 31 What is the correct formula for cell B9 to calculate the modified duration? B 1 Settlement Date 2 Maturity Date 3 Coupon Rate 4 Yield 5 Face Value 6 Frequency 7 Basis 8 Price 9 Modified Duration 2/15/2018 2/15/2038 8.00% 8.39% 1,000 962.50 ? =MDURATION(B1,B2,B4,B3,B6,B7) O=DURATION(B1,B2,B3,B4,B6,B7) O =MDURATION(B1,B2,B3,B4,B6,B7)

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