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Problem #6: A 3 year bond has annual coupons of 7%, and a face/redemption value of $100. If the bond YTM is 7.25%, find the

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Problem #6: A 3 year bond has annual coupons of 7%, and a face/redemption value of $100. If the bond YTM is 7.25%, find the Macauley duration for the bond. Problem #6: Answer correct to 3 decimals. Just Save Submit Problem #6 for Grading

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