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Determine both the Macaulay Duration and Modified Duration of a 2-year bond paying semiannual coupons at an annual rate of 8% with a par value
Determine both the Macaulay Duration and Modified Duration of a 2-year bond paying semiannual coupons at an annual rate of 8% with a par value of $1000 priced to yield an annual effective rate of 5%
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