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Assume that there is a bond that pays ( $ 4 5 . 0 0 ) at the and of year 2

Assume that there is a bond that pays \(\$ 45.00\) at the and of year 2, and \(\$ 130.00\) at the end of year 6. It sells at a total \(=\$(45.00+130.00)\). The Macauley duration of the bond is? Answer with two digits decimal accuracy.

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