The bond matures in 2 years and has a yield to maturity of
A $1,000 face value bond has a 7 percent coupon and pays interest semiannually. The bond matures in 2 years and has a yield to maturity of 6.8 percent. What is the Macaulay duration?
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a 1000 face value bond has a 7 percent coupon and pays interest semiannually the bond matures in 2 years and has a
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