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Ra KY A bond $1000 face value that with annual 20% coupon rate (paid semi-annually) has 3 years to maturity. If the current annual discount

Ra KY A bond $1000 face value that with annual 20% coupon rate (paid semi-annually) has 3 years to maturity. If the current annual discount rate is 12%, what is the bond's Macaulay's duration in yeas

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