A us government t note with a 2 year maturity has a coupon


A U.S. government T Note with a 2 year maturity has a coupon rate of 10% and a face value of $1000. the coupons are paid annually and the next coupon is due in one year. The T note's yield to maturity is 10%. What is this T note's modified duration?

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Financial Management: A us government t note with a 2 year maturity has a coupon
Reference No:- TGS02154186

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