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A Ford Motor Co. coupon bond has a coupon rate of 7.9%, a face value of $1,000, and pays annual coupons. The bond will mature

A Ford Motor Co. coupon bond has a coupon rate of 7.9%, a face value of $1,000, and pays annual coupons. The bond will mature in 4 years. The bond's yield-to-maturity is 4%. What is this bond's Macaulay Duration (MacD)

MacD of the bond is _____ years. (Round to two decimal places)

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