Question: What is the modified duration for a three-year, semi-annual pay, $1,000 par value, 9% coupon bond that is currently priced to yield 11%? 5.09 4.84
What is the modified duration for a three-year, semi-annual pay, $1,000 par value, 9% coupon bond that is currently priced to yield 11%? 5.09 4.84 2.68 2.55
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