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A bond with a coupon rate of 7 percent sells at a yield to maturity of 9 percent. If the bond matures in 1 5

A bond with a coupon rate of 7 percent sells at a yield to maturity of 9 percent. If the bond matures in 15 years, what is the Macaulay duration of the bond? What is the modified duration?
Note: Do not round intermediate calculations. Round your answers to 3 decimal places.
\table[[,Duration],[Macaulay,,years],[Modified,,years]]
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