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What is the Macaulay duration of a 7 percent semiannual coupon bond with two years to maturity and a current price of $ 1 ,

What is the Macaulay duration of a 7 percent semiannual coupon bond with two years to maturity and a current price of $1,055.30?
(Note: You are required to solve the problem by calculating "Years \times PV / Bond Price" for each cash flow and summing the results. YTM and PV must be calculated using a financial calculator. Round your answer to four decimal places.)

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