Calculate modified duration for a 10-year 12 percent


Calculate modified duration for a 10-year, 12 percent, semi-annual coupon bond with a yield to maturity of 10 percent. Assume a Macaulay duration value of 7.2 for the bond. (Circle your answer.)

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Financial Management: Calculate modified duration for a 10-year 12 percent
Reference No:- TGS02303560

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