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What is the modified (Macaulay) duration of a 3-year bond 5.9% annual coupon with a par value of $1,000 and a 3.7% yield to maturity?
What is the modified (Macaulay) duration of a 3-year bond 5.9% annual coupon with a par value of $1,000 and a 3.7% yield to maturity?
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