Consider a bond with the following features and a hypothetical settlement date of 10 October 2019. Annual Coupon Coupon Payment Frequency Interest Payment Dates Maturity Date Day-Count Convention Annual Yield-to-Maturity 5% Semiannual 30 December and 30 June 30 December 2020 30/360 6% You want to calculate the bonds Macauley duration using the following table: Period Time to Receipt Cash Flow Present Value Weight Time x Weight X 7. What is the value of X in this table? Round your answer to three decimal places. 8. Use the formula to solve for the Macaulay Duration for the bond described in Question 7 above. Round your answer to three decimal places. Consider a bond with the following features and a hypothetical settlement date of 10 October 2019. Annual Coupon Coupon Payment Frequency Interest Payment Dates Maturity Date Day-Count Convention Annual Yield-to-Maturity 5% Semiannual 30 December and 30 June 30 December 2020 30/360 6% You want to calculate the bonds Macauley duration using the following table: Period Time to Receipt Cash Flow Present Value Weight Time x Weight X 7. What is the value of X in this table? Round your answer to three decimal places. 8. Use the formula to solve for the Macaulay Duration for the bond described in Question 7 above. Round your answer to three decimal places