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What is the Macaulay Duration of a 6.8% annual coupon bond with 3 years to maturity, $1,000 face value, and yield to maturity of 6.8%?
What is the Macaulay Duration of a 6.8% annual coupon bond with 3 years to maturity, $1,000 face value, and yield to maturity of 6.8%? Round to three decimal places.
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