Question: What is the modified duration for a four-year, semi-annual pay, $1,000 par value, 6.00% coupon bond that is currently priced to yield 7.50%? O 3.60

What is the modified duration for a four-year, semi-annual pay, $1,000 par value, 6.00% coupon bond that is currently priced to yield 7.50%? O 3.60 0 6.95 0 3.47 0 6.70
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