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What is the Macaulay duration of a bond with a coupon of 8 . 6 percent, twelve years to maturity, and a current price of
What is the Macaulay duration of a bond with a coupon of percent, twelve years to maturity, and a current price of $ What is the modified duration?
Note: Do not round intermediate calculations. Round your answers to decimal places.
tableDurationMacaulayYears,ModifiedYears,
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