Question: What is the modified duration for a three - year, semi - annual pay, $ 1 , 0 0 0 par value, 3 . 2

What is the modified duration for a three-year, semi-annual pay, $1,000 par value, 3.20% coupon bond that is currently priced to yield 3.00%?
2.84
2.73
5.77
2.88
 What is the modified duration for a three-year, semi-annual pay, $1,000

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