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The current price of a bond with annual coupons is $1234. The derivative of the price function of the bond with respect to the yield

The current price of a bond with annual coupons is $1234. The derivative of the price function of the bond with respect to the yield to maturity is -7654 when evaluated at the current annual yield of 7%. Calculate the Macaulay duration D ( 0.07 , ) and the modified duration D ( 0.07 , 1 ) of the bond.

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