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An 8% semi-annual payment bond has 2 years remaining to maturity and is purchased at the coupon paying date. The face value is $1000. The

An 8% semi-annual payment bond has 2 years remaining to maturity and is purchased at the coupon paying date. The face value is $1000. The YTM is 10%. What is its Macaulay duration? What is its modified duration? please dont do it in excel,i need the formula.

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