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What is the Macaulay duration of a bond with a coupon of 5.8 percent, eleven years to maturity, and a current price of $1,060.10?

What is the Macaulay duration of a bond with a coupon of 5.8 percent, eleven years to maturity, and a current price of $1,060.10? What is the modified duration? Note: Do not round intermediate calculations. Round your answers to 3 decimal places. Macaulay Modified Duration Years 8.102 Years

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