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A bond with a coupon rate of 8 percent sells at a yield to maturity of 1 0 percent. If the bond matures in 1

A bond with a coupon rate of 8 percent sells at a yield to maturity of 10 percent. If the bond matures in 15 years, what is the Macaulay duration? (Do not round intermediate calculations. Round your answer to 3 decimal places.)
Macaulay duration
Years
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