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  3. 45. a bond pays annual interest. its coupon rate i

45. A bond pays annual interest. Its coupon rate is 9%. Its value at maturity...

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Accounting

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45. A bond pays annual interest. Its coupon rate is 9%. Its value at maturity is $1,000. It matures in 4 years. Its yield to maturity is currently 6%. The duration of this bond is years. (C) 4.1 2.44 3.23 3.56 46. A bond pays annual interest. Its coupon rate is 9%. Its value at maturity is $1,000. It matures in 4 years. Its yield to maturity is currently 5%. The modified duration of this bond is years. (C) 3.36 3.56 3.05 - 47. A bond has a maturity of 12 years and a duration of 9.5 years at a promised yield rate of 8%. What is the bond's modified duration? 9.5 years 12 years

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