The Macaulay duration of a 10 year $100 par value bond with annual coupons of $X is

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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 of 10%. Calculate X. Give your answer as a decimal rounded to two places

Posted Date: Jun 05, 2024 06:04 PM

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The Macaulay duration of a 10 year $100 par value bond with annual coupons of $X is

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