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What is the Macaulay Duration of a 4.5% annual coupon bond with 3 years to maturity, $1,000 face value, and yield to maturity of 4.5%?

What is the Macaulay Duration of a 4.5% annual coupon bond with 3 years to maturity, $1,000 face value, and yield to maturity of 4.5%? Round to three decimal places. a. 2.873 b.2.862 c. 2.747 d. 2.846 e. 2.813

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