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Consider a 6% 6-year bond with semiannual payments that is currently trading at $110.5753. Assume the current yield rate is 4%. Using table-based method, what

Consider a 6% 6-year bond with semiannual payments that is currently trading at $110.5753. Assume the current yield rate is 4%. Using table-based method, what is Macaulay duration for this bond in years

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