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What is the bond modified duration

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Reference no: EM133275005

The bond's annualized coupon rate is 1.25%, its yield is 1.29%, and it matures in 5 years. What is the bond's Modified duration?

Reference no: EM133275005

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What is the bond modified duration : The bond's annualized coupon rate is 1.25%, its yield is 1.29%, and it matures in 5 years. What is the bond's Modified duration?
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