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please dont use excel and show complete work. Thanks Consider following characteristic of a bond Time to Maturity: 5 years Coupon Payment: Semi-annual Coupon Rate:

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please dont use excel and show complete work. Thanks
Consider following characteristic of a bond Time to Maturity: 5 years Coupon Payment: Semi-annual Coupon Rate: 6.2% Par Value: $1,000 YTM (in annual): 3.5% 15. What the Macaulay's duration and modified duration for 1% yield change for this bond given the information

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