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A 3-year bond has a coupon rate of 2.6% and a yield to maturity of 3.5%. Find the Macauley's and modified duration for this bond.

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A 3-year bond has a coupon rate of 2.6% and a yield to maturity of 3.5%. Find the Macauley's and modified duration for this bond. Assume annual coupon payments 5

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