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What is the Macauley Duration of a treasury principal strip with a 10 year maturity? a. 5 years b. 20 years c. Depends on the

What is the Macauley Duration of a treasury principal strip with a 10 year maturity?

a.

5 years
b.

20 years
c.

Depends on the Yield
d.

10 years
e.

Depends on the spot rate

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