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Calculate the Macaulay's duration of a two - year corporate bond paying 6 percent interest annually , selling at par Principal of $20 090 000

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Calculate the Macaulay's duration of a two - year corporate bond paying 6 percent interest annually , selling at par Principal of $20 090 000 is due at the end of two years A . 2 years B . 1 .94 years C. 175 years D. 149 years

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