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

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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