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PUML) A particular asset has the following payment scheme: $100 at the end of...

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PUML) A particular asset has the following payment scheme: $100 at the end of years 1, 3, 7 3 $400 at the end of years 2,6 $900 at the end of year 10 The annual effective yield is 5%. Calculate the modified duration of this asset. a) 6.27 Ob) 7.81 Oc) 8.27 d) 5.78 e) 6.06

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