Question: Calculating Duration ( LO 4 , CFA 6 ) What is the Macaulay duration of a 7 percent coupon bond: with five years to maturity

Calculating Duration (LO4, CFA6) What is the Macaulay duration of a 7 percent coupon bond: with five years to maturity and a current price of $1,025.30? What is the modified duration?

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