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A) Consider a 3-year semiannual coupon bond with an 13% coupon, We are given that the yield to maturity for this bond is 13%. B)

A) Consider a 3-year semiannual coupon bond with an 13% coupon, We are given that the yield to maturity for this bond is 13%.

B) Calculate the Macaulay duration for this bond is 13%. Calculate the Modified Duration for this bond?

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