What is the Macaulay duration of a 5.8 percent coupon bond with eleven years to...
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| What is the Macaulay duration of a 5.8 percent coupon bond with eleven years to maturity and a current price of $1,060.10? What is the modified duration? (Do not round intermediate calculations. Round your answers to 3 decimal places.) |
| Duration | |
| Macaulay | Years |
| Modified | Years |
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