What is the modified duration

Reference no: EM131149644

What is the Macaulay duration of a 8.2 percent coupon bond with ten years to maturity and a current price of $949.30?

What is the modified duration? (Round your answer to 3 decimal place)

Reference no: EM131149644

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What is the modified duration : What is the Macaulay duration of a 8.2 percent coupon bond with ten years to maturity and a current price of $949.30?

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