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Consider the following fixed income security:Par: $1000Coupon rate: 4%Maturity: 5 yearsYTM: 3.5%7. What is the value of this bond?8. What is Macauley??s Duration of this

Consider the following fixed income security:Par: $1000Coupon rate: 4%Maturity: 5 yearsYTM: 3.5%7. What is the value of this bond?8. What is Macauleyâ??s Duration of this bond?9. Were you to re 2 answers

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