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Consider the following newly issued bonds - a coupon - bearing bond, a zero - coupon bond, and a perpetuity. Required: Note: Use cells A

Consider the following newly issued bonds-a coupon-bearing bond, a zero-coupon bond, and a perpetuity.
Required:
Note: Use cells A2 to B12 from the given information to complete this question.
Using any necessary data above, calculate the Macaulay Duration of each bond. Then, use the Macaulay
Duration to solve for the Modified Duration.
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