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I NEED ANSWER ASAP!!! SHOW YOUR WORK PLZ!! 1 point A $100 bond with 4% annual coupons matures in 15 years at $113. It is

I NEED ANSWER ASAP!!! SHOW YOUR WORK PLZ!!

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1 point A $100 bond with 4% annual coupons matures in 15 years at $113. It is purchased at a price to yield 5% effective. Determine the Macaulay Duration. 10.93 11.82 11.58 9.62 10.53

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