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The Macaulay duration of a 10 year $100 par value bond with annual coupons of $X is 6.96 years at an annual effective interest rate

The Macaulay duration of a 10 year $100 par value bond with annual coupons of $X is 6.96 years at an annual effective interest rate of 10%. Calculate X. Give your answer as a decimal rounded to two places.

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