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Consider following characteristic of a bond Time to Maturity: 5 years Coupon Payment: Semi-ainual Coupon Rate: 6.2% Par Value: $1,000 YTM (in annual): 3.5% 15.

Consider following characteristic of a bond Time to Maturity: 5 years Coupon Payment: Semi-ainual Coupon Rate: 6.2% Par Value: $1,000 YTM (in annual): 3.5% 15. What the Macaulay's duration and modified duration for 1% yield change for this bond given the information

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