What is the macaulay duration of a 62 percent coupon bond, Ask an Expert

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What is the Macaulay duration of a 6.2 percent coupon bond with five years to maturity and a current price of $1,064.70? What is the modified duration? (Do not round intermediate calculations. Round your answers to 3 decimal places.) Duration Macaulay Years Modified Years

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Financial Management, Finance

Category:- Financial Management
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