Question: Given below is the information for a bond. Bond W Coupon 9% Yield to maturity 9% Maturity (years) 2 Par $100.00 Calculate the Macaulay duration

Given below is the information for a bond.

Bond W

Coupon

9%

Yield to maturity

9%

Maturity (years)

2

Par

$100.00

Calculate the Macaulay duration of this bond (in YEARS).

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