Consider the following information: There exists a bond with a 6.493956% semi-annual coupon, 10 years to maturity,

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Consider the following information: There exists a bond with a 6.493956% semi-annual coupon, 10 years to maturity, yielding 5.311621%. Calculate the Macaulay Duration in years (round to 6 decimal places).

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Fundamentals of Investments

ISBN: 978-0132926171

3rd edition

Authors: Gordon J. Alexander, William F. Sharpe, Jeffery V. Bailey

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Posted Date: Mar 25, 2024 05:19 PM

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Consider the following information: There exists a bond with a 6.493956% semi-annual coupon, 10 years to maturity,

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To calculate the Macaulay Duration of a bond you can use the following formul... View the full answer

Fundamentals of Investments

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