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A bond pays annual coupons at a rate of 5.1% and has face value 1000. The bond has exactly two years until it matures and

A bond pays annual coupons at a rate of 5.1% and has face value 1000. The bond has exactly two years until it matures and has a yield to maturity of 4.2%. Assume that the price of this bond equals 1016.93. What is the Macaulay duration of this bond?

1.87

2.03

1.95

1.79

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