Calculate the Macaulay Duration for a 6-year 7% semiannual coupon bond, with $1000 face value and a YTM of 8.4%.

• 3.88 years

• 4.96 years

• 5.46 years

• 6.06 years

• 8.53 years

• 9.95 years

Find the Macaulay Duration for a 12% semiannual coupon bond with $1,000 face, 3 years to maturity, and a YTM of 10.5%. List all answers to four decimal places. Period Cash Flow PV Weight Weighted Maturity 1 2 3 4 5 07 Total: Periodic MacDUR Annual MacDUR