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Please show all steps!!! Question 6 0/1 pts What is the Macaulay duration of a semiannual-pay 6.44 percent coupon bond with 11 years to maturity

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Question 6 0/1 pts What is the Macaulay duration of a semiannual-pay 6.44 percent coupon bond with 11 years to maturity and a yield to maturity of 9.3 percent? Answer to two decimals, carry intermediate calcs. to four decimals. You Answered 19.27 Correct Answer 7.6587 margin of error +/-0.025

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