Question: Simple question but i dont get the answer :( A four-year bond with a par value of $1,000 with a coupon rate of 10% (paid

Simple question but i dont get the answer :(

A four-year bond with a par value of $1,000 with a coupon rate of 10% (paid annually) is selling to yield 9% per annum. This bond has a modified duration of

Select one:

4.12 years

3.02 years

3.21 years

3.99 years

4.17 years

Thanks!

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