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A three-year bond with a 2% coupon is trading at a YTM of 3%. It will have a Macaulay duration of Select one: O a.

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A three-year bond with a 2% coupon is trading at a YTM of 3%. It will have a Macaulay duration of Select one: O a. 3 Ob. 2.76 OC 2.94 O d. 1.96

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