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Consider following characteristic of a bond Time to Maturity: 4 years Coupon Payment: Semi-annual Coupon Rate: 5.5% Par Value: $1,000 YTM in annual): 6% 17.

Consider following characteristic of a bond Time to Maturity: 4 years Coupon Payment: Semi-annual Coupon Rate: 5.5% Par Value: $1,000 YTM in annual): 6% 17. What the current price and Macaulay's duration of this bond given the information

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