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please show work. thank you 2. In a recent trading session, the benchmark 30-year Treasury bond rose $0.625 per $100 face value to 9422/32, while
please show work. thank you
2. In a recent trading session, the benchmark 30-year Treasury bond rose $0.625 per $100 face value to 9422/32, while its yield fell to 6.65 percent from 6.71 percent. Estimate the modified and Macaulay duration of this bond from the results of the trading sessionStep by Step Solution
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