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Youare given the following data for a bond. The Coupon Payment is $50on a 5-year bond (5 years until maturity) with a face value of$1000.

Youare given the following data for a bond. The Coupon Payment is $50on a 5-year bond (5 years until maturity) with a face value of$1000. The current interest rate (YTM) is 10%. Fill in thefollowi a. Determine the Price of this bond. b. Determine the (Macaulay) Duration for this bond (FOR FULL CREDIT SHOW YOUR WORK FOR PERIODS 3 AND 4: DERIVE THE WEIGHT AND WEIGHTED MATURITY): \[ \text { DUR }= 2 answers

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