Question: Check my work Problem 10-28 Calculating Duration (LO4, CFA6) A bond with a coupon rate of 9 percent sells at a yield to maturity of

Check my work Problem 10-28 Calculating Duration (LO4, CFA6) A bond with a coupon rate of 9 percent sells at a yield to maturity of 11 percent. If the bond matures in 15 years, what is the Macaulay duration? (Do not t round intermedia te calculations. Round your answer to 3 decimal places.) tion Years

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