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Compute the Macaulay duration for a 9-year zero-coupon bond having a yield to maturity of 13%. a. 7.70 b. 9.26 c. 8.92 d. 9.00 e.

Compute the Macaulay duration for a 9-year zero-coupon bond having a yield to maturity of 13%.

	a.	7.70
	b.	9.26
	c.	8.92
	d.	9.00
	e.	7.96

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