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What is the Macaulay diuration of a bond with a coupon of 7.4 petcent six years to maturity, and a current price of $1.029.90 ?
What is the Macaulay diuration of a bond with a coupon of 7.4 petcent six years to maturity, and a current price of $1.029.90 ? What is the modificd duration? (Do not round intermediate calculotions. Round your answers to 3 decimal places.)
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