Question: Compute the Macaulay duration for a 9-year zero-coupon bond having a yield to maturity of 13%. a. 7.70 b. 9.26 c. 8.92 d. 9.00 e.

Compute the Macaulay duration for a 9-year zero-coupon bond having a yield to maturity of 13%.

a.

7.70
b.

9.26
c.

8.92
d.

9.00
e.

7.96

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