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Find the Macaulay duration of Bond ABC in years by using an excel table. (4 digits after the decimal) Bond ABC Coupon 8% Yield to

Find the Macaulay duration of Bond ABC in years by using an excel table. (4 digits after the decimal)

	Bond ABC
Coupon	8%
Yield to maturity	9%
Maturity (years)	5
Par	$100.00
Price	$96.0436

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