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What is the Macaulay duration of a 6-year annual bond with a 5.0% coupon, $1000 face amount, and 7.8% YTM? Give your answer to the

What is the Macaulay duration of a 6-year annual bond with a 5.0% coupon, $1000 face amount, and 7.8% YTM? Give your answer to the nearest 0.01 year.

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