What is the macaulay duration of a 86 percent coupon bond
What is the Macaulay duration of a 8.6 percent coupon bond with twelve years to maturity and a current price of $1,043.70? What is the modified duration? (Do not round intermediate calculations. Round your answers to 3 decimal places.)
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what is the macaulay duration of a 86 percent coupon bond with twelve years to maturity and a current price of 104370
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