Question: Use the following information to answer this question: Coupon = 5.5%, Semiannual Payments; Current YTM = 4.5%; Maturity = 5 years; Par Value = $1000;

Use the following information to answer this question: Coupon = 5.5%, Semiannual Payments; Current YTM = 4.5%; Maturity = 5 years; Par Value = $1000; Current Price = $1044.33; approximate modified dur...

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