Question: Question 8 This is the same bond as in the previous question, but just in case, here is the information again: Bond XYZ is a

Question 8 This is the same bond as in the previous question, but just in case, here is the information again: Bond XYZ is a 4-year, 8% annual coupon bond, with $1.000 par value. The required return on the bond is 5.4%. What is the modified duration of this bond? (1 point) Enter your answer with 4 decimals (e.g. 5.1234) 1 pts

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