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A T-bond with semi-annual coupons has a coupon rate of 5%, face value of $1,000, and 2 years to maturity. If its yield to maturity

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A T-bond with semi-annual coupons has a coupon rate of 5%, face value of $1,000, and 2 years to maturity. If its yield to maturity is 4%, what is its Macaulay Duration? Answer in years, rounded to three decimal places. Type your numeric answer and submit

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