Question: Using the bond data Round to two decimals what is the effective duration of the bond assuming a 1% increase in current interest rates?

Bond Terms Par Value Duration (yrs) Coupon Frequency Current rates: Bond features: MACD Modified Duration

Using the bond data Round to two decimals what is the effective duration of the bond assuming a 1% increase in current interest rates? Bond Terms Par Value Duration (yrs) Coupon Frequency Current rates: Bond features: MACD Modified Duration $1,000 4 4.00% Semiannual 4.75% Callable at Par 3.732 3.645

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