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1.) What would the Macaulay duration of a bond be with an annual 6% coupon rate, seven years until maturity, and a YTM of 7.3%?

2.) What would the Macaulay duration of a bond be with a semiannual 5% coupon rate, 17 years until maturity, and a YTM of 5.3%?

Can this be demonstrated in Excel?

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