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Question 18 4 pts What is the Macaulay duration of a 3-year annual coupon bond (7% annual coupon) selling at $1,054.47? The market interest rate
Question 18 4 pts What is the Macaulay duration of a 3-year annual coupon bond (7% annual coupon) selling at $1,054.47? The market interest rate is 5%. 4 O 2.81 O 3 O 2.5 4pt
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