What is the macaulay duration of a 74 percent coupon bond, Ask an Expert

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What is the Macaulay duration of a 7.4 percent coupon bond with six years to maturity and a current price of $1,029.90? 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
Reference No.:- M91582135

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